Highlights Further fiscal easing is likely in the US now that the Democrats are set to take control of the US Senate following Tuesday’s runoff elections in Georgia. With the end of the pandemic in sight, a growing chorus of…
Highlights Markets largely ignored the uproar at the US Capitol on January 6 because the transfer of power was not in question. Democratic control over the Senate, after two upsets in the Georgia runoff, is the bigger signal. US…
Dear Client, The US Capitol is going on lockdown as we write to introduce BCA Research’s newest investment service, US Political Strategy, in this inaugural report. US Political Strategy will provide timely and actionable policy…
Highlights 2021 Model Bond Portfolio Broad Allocations: Translating our 2021 global fixed income Key Views into recommended positioning within our model bond portfolio results in the following conclusions: target a relatively…
According to BCA Research’s Global Asset Allocation Strategy service, a rapid rollout of vaccines means that the economy should be on track to return to near-normality by the second half of 2021. Therefore, the key thing…
Highlights The ongoing pandemic underscores the need for fiscal and monetary policymakers to continue to provide a reflationary “bridge” until vaccination ends the threat to the health care system. The pending deal being…
This is our last report of this year. We will resume publications in January. The EM strategy team wishes you a happy holiday season and a prosperous new year. Chart Of The weekFiscal Thrust Is A Major Negative In 2021 Emerging…
Highlights Global growth will accelerate over the course of 2021 as COVID-19 vaccines are distributed and economic confidence improves in response. Longer-term global bond yields see some upward pressure as growth picks up, but global…