On Tuesday, the Job Openings and Labor Turnover Survey (JOLTS) indicated that the US labor market continues to cool. It showed job openings fell to 8.827 million in July following a downwardly revised 9.165 million in June (down…
Today’s Strategy Report chartbook presents the data underpinning our view that both inflation and growth are slowing, likely pointing to a recession beginning sometime in the first half of next year. We are tactically equal weight…
According to BCA Research’s Emerging Markets Strategy service, even though mainstream EM equities are cheap, their cyclical and structural growth prospects are poor. Equities of mainstream EM economies (excluding…
In this special report, we discuss whether the economic conditions necessary for a stronger yen (and higher JGB yields) will materialize over the next 12-to-18 months.
Despite a decline from 7.9% to 6.8% in July, the UK’s headline CPI surprised to the upside. The slowdown in headline CPI mostly reflects the deceleration in the annual inflation for housing, water, electricity, gas and…
According to BCA Research’s European Investment Strategy service, the earnings outlook of Eurozone equities will continue to deteriorate over the coming two quarters despite the improvement in real economic activity.…
The Chinese government today announced that it is suspending the reporting of urban youth unemployment rate. This rate reached 21.3% in June after climbing since December. While there is an element of seasonality to the data…