BCA’s Emerging Markets Strategy team’s view remains that US inflation will prove to be sticky. That said, in this report, we examine under what conditions a considerable drop in US core inflation, whenever it transpires, would be…

In this report, we assess that sterling likely bottomed below 1.04. We expect volatility in the currency to remain in place but are buyers below current levels. On balance, there is a tug of war between irresponsible fiscal policy…

Special Report

In this report, we elaborate on why the Chinese central government has been reluctant to open stimulus taps as much as in the past, especially when it comes to the ailing property market. In recent years, there has been a major shift…

We remain bearish on equities. Inflation is a monetary phenomenon that is embedded and perpetuated by a wage-price spiral. The Fed will “keep at it until the job is done.” Economic growth is slowing, and an earnings recession as soon…

This week’s Global Investment Strategy report titled Fourth Quarter 2022 Strategy Outlook: A Three-Act Play discusses the outlook for the global economy and financial markets for the rest of 2022 and beyond.

Listen to a short summary of this report     Executive Summary GIS Projection For The EUR/USD  We went long the euro early last week, as EUR/USD hit our buy limit price of $0.99. Despite a near cut-off of…

In lieu of next week’s report, I will host the monthly Counterpoint Webcast on Thursday, September 22 (9:00 AM EDT, 2:00 PM BST). In this Webcast, I will discuss the near-term and longer-term prospects for all the major asset classes…

Special Report

A message for Foreign Exchange Strategy clients, There will be no report next week, as we take a summer break. We will be joining our clients and colleagues for our annual investment conference to be held in New York, on September 7…

Executive Summary US Companies Will Attempt To Raise Selling Prices To Protect Their Profit Margins  China needs lower interest rates and a weaker currency to battle deflationary pressures. In the US, the main problem is…

Special Report

Listen to a short summary of this report.     Executive Summary Back From The Future: An Investor’s Almanac  Stocks will rally over the next six months as recession risks abate but then begin to swoon as…