Private Equity Secondaries have grown but so have their opportunities. Near-term opportunities will be fertile while underlying trends will sustain the asset class in the long-term. Private Equity investors should be greedy....
Investors should buy protection against further volatility. The shakeup in early August was a taste of things to come. The US election is a pivotal moment in modern history that will drive up uncertainty, while other countries take advantage of US division and distraction....
The US fiscal outlook is more unappetizing than it was before the pandemic, but we are not convinced that a difficult day of reckoning awaits. A Treasury market crisis is conceivable, but it is far from inevitable....
Oil prices are caught in a tug-of-war. Concerns about the demand outlook are acting as a price ceiling while the risk of a geopolitically induced supply shock is providing a floor. Prices are likely to remain rangebound over the near term. Yet the path of least resistance over a 6-to-12-month horizo...
In this Special Report, Marko Papic, Chief Strategist of BCA Research’s new service – GeoMacro Strategy – presents his controversial view that Trump could very well be a boon for globalization....
The current Fed easing cycle will likely be a “buy the rumor, sell the news” phenomenon. The basis is our expectation that the US economy is heading into a rough landing. The primary driver of EM currencies is not US interest rates but the global manufacturing cycle....
Multinationals are attempting to expand their supply chains beyond China, but the relocation process has been slower than expected. In the coming years, however, geopolitical tensions, changes in China’s business environment, and rising competition from Chinese producers could accelerate multination...
The analysis of price complexity strongly suggests that the ‘yen carry trade’ and the AI bubble are one and the same trade, and that the trade has further to unwind. Plus, go tactically overweight China (CHIQ)....
