Feature “Bayesian: …statistical methods that assign probabilities or distributions to events…based on experience or best guesses before experimentation and data collection and that apply Bayes' theorem to revise…
Highlights It is too soon to bottom feed with fears of a global pandemic and “socialist” boom in the United States. China’s government will do “whatever it takes” to stimulate the economy – but…
Highlights Supply constraints and unstoppable demand growth – the result of stricter regulations requiring higher loadings in autocatalysts to treat toxic pollution in automobile-engine emissions – will continue to push…
Highlights For stock markets, the best inoculation against Covid-19 is ultra-low bond yields. Our tactical underweight to equities versus bonds achieved its 5 percent profit target and is now closed. We are now awaiting the fractal…
Germany’s IFO business survey for February came out slightly stronger than expected, rising from 96 to 96.1. Germany is highly sensitive to both global trade and China, which should make the German economy a prime casualty…
The French manufacturing sector has already suffered from the decline in global economic activity. However, the service sector continues to expand, despite the strikes that hit the country this winter. The outlook for the…
A broad-based rally in the US dollar is a risk to a bullish euro view. According to BCA Research's Foreign Exchange Strategy service, that risk could catalyze a fall towards 1.03-1.04. The possibility of either a…
Highlights The breakout in the DXY indicates the investment universe could become precarious. The euro could fall to 1.04 on such an outcome. The yen and Swiss franc should outperform in this environment, barring recent weakness in…
Global bond yields are currently falling, but if the bond market is too pessimistic about global growth prospects, European banks are the optimal vehicle to bet on higher global yields. First, European stocks often outperform…
Highlights In case you missed it in real-time, please listen to a playback of this this quarter’s webcast ‘What Are The Most Attractive Investments In Europe?’ available at eis.bcaresearch.com. Growth is set to…