Relative to beaten-down expectations, global growth will surprise on the upside in 2023. Investors should overweight equities for now but look to turn more defensive in the second half of the year.

Special Report

Highlights The recent decline in the US equity risk premium raises an important question for investors: are the structural risks facing the US or global stock markets higher or lower today than they were prior to the global financial…

In Section I, we note that the global growth outlook has modestly deteriorated over the past month, despite an improving 12-month outlook for Chinese domestic demand in response to the imminent end of the nation’s “dynamic zero-COVID…

Special Report

We explore the eight major themes that will define economic and market trends for Europe next year.

Special Report

In this report, we argue that the dollar will enter a volatile trading range, before a bear market begins in earnest. That said, fundamental forces are aligning for US dollar downside.

In this Strategy Outlook, we present the major investment themes and views we see playing out next year and beyond.

Special Report

Investors should maintain a conservative and defensive strategy until recession risks are clearly reduced.

Special Report

Web 3.0 plays will boom in the coming decade. Play this through a diversified exposure to today’s main blockchain tokens. But the Web 2.0 oligopolies, like Amazon and Meta, are in big trouble.

Today, we are sending you the BCA annual outlook for 2023. The report is an edited transcript of our recent conversation with Mr. X and his daughter, Ms. X, who are long-time BCA clients with whom we discuss the economic and…