Want to stay long stocks? Watch the 10-year yield. If we are not under 4% by the end of the year, stocks will suffer.

Our Global Investment strategists argue that AI threatens the traditional profit engines of large technology firms despite ...

A key risk to our view has materialized. Our base case remains constructive, but risks have increased. Upgrade Tail Risk Strategies from overweight to max overweight. Upgrade Canadian equities and the ...

An energy price spike caused by a Middle Eastern war almost guarantees that Republicans will lose control of the House, and the chance of a Democratic Senate victory increases from 35% to 40%.

The threat to global energy supplies has risen sharply following the weekend launch of the joint US-Israeli Operation Epic Fury. Accordingly, crude oil and European gas prices have spiked. Even so, we ...

US assets have underperformed year-to-date, but BCA views differ on the tactical versus 12-month outlook. Since the start of the year, US markets have lagged the rest of the world, largely driven by ...

In the short term, there is plenty to be worried about in macro beyond the Middle East. The market was on thin ice before the Iran conflict. In the long term, the base case scenario remains bullish, ...

Pension funds face a complex mandate to meet long-term liabilities while navigating inflation cycles, rate volatility, geopolitical risk, and shifting growth cycles. Decisions must be defensible, ...

Investors are going back and forth about how to respond to the joint US-Israeli Operation Epic Fury attacking Iran: Has the conflict peaked already? Should investors sell oil and buy the dip in stocks ...

India is seeing net capital outflows for the first time in a generation. The central bank is selling foreign reserves to defend the rupee, which is draining banking system liquidity. The latter risks ...

Combines BCA’s macroeconomic and geopolitical expertise to focus on the market-relevant policies of the world’s largest economy and financial market. The US election is best examined through a ...