Vietnamese stocks can remain shaky for a few more months. But they have cheapened considerably, and equity portfolios with longer terms investment horizon should overweight them in EM, Emerging Asia and Frontier Market portfolios....
For the final publication of 2022, I am sending you a Special Report, The 2024 Election: A "Way Too Soon" Forecast penned by Chief US Political Strategist Matt Gertken. Matt argues that the Democratic Party is slightly favored to retain the White House in 2024 unless there is a recession. Since rece...
Investors were heartened by the November CPI report, but the Fed said not so fast. Although it snuffed out the latest mini-rally, ongoing disinflation will set the stage for another one early next year....
In this <i>Special Report</i> we use Equity Analyzer to explore the implementation of the 2023 Key Views on equities from various strategists at BCA Research....
On October 5th, we published an Insight Report “When Good News Is Bad News,” in which we called the beginning of the next bear market rally, which fit perfectly into our “flat and down” call for the market. Today, we are calling the end of this rally. We expect equities to make a new leg down in the...
In this <i>Special Report</i> we use Equity Analyzer to explore the implementation of the 2023 Key Views on equities from various strategists at BCA Research....
Energy and metal supplies are becoming increasingly scarce. In such a market, we will re-establish our long commodity exposure via the COMT ETF after being stopped out with a -4% return this week. We remain long equity exposure to oil and gas producers, and metals miners via the XOP and XME ETFs, re...
Both the US and China have structural imbalances that need correcting. The former has a structurally imbalanced labour market in which demand far outstrips supply. The latter has a massively overvalued housing market. The concurrent correction of these two structural imbalances in the world’s two la...
How to play the reopening? Which sectors will benefit the most? What will be the impact of the reopening on the rest of the world? Why is the PBoC facing the Impossible Trinity? Why has the PBoC tightened liquidity, prompting a rise in onshore interest rates? What are the implications for interest r...
