Summers Or Yellen (The Update)

We recently weighed in on the debate about the next Chairman of the Fed. With Summers now out of the race, a speedy decision would be the most market-friendly outcome. Financial markets do not like uncertainty. One of the main problems with … [More.]

Summers Or Yellen?

Early results of BCA's Daily Insights poll, “Who will be the next Fed Chairman?” show that only a small minority of respondents believe that who becomes the next Chairman in irrevelant to financial markets. Furthermore, according to the poll, it is st … [More.]

Lawrence H. Summers To Deliver Keynote At BCA 2013 New York Investment Conference

BCA Research is pleased to welcome both Lawrence H. Summers and Nate Silver as keynotes at the BCA 2013 New York Investment Conference, September 23-24, 2013 at The Waldorf Astoria. Montreal, QC September 10, 2013 BCA is delighted that two of … [More.]

U.S. Payroll Report: Not A “Tapering Game-Changer”

U.S. payrolls increased by 169,000 in August, although downward revisions to previous months brings the three-month moving average down to a disappointing 148,000 per month. Still, we doubt this data will meaningfully sway the Fed's … [More.]

Oil Risks To The Upside

Our base case scenario for the rest of 2013 is for Brent to trade in the $105-115 range, but the risks are strongly skewed to the upside. Brent should continue to find a floor around $100 over the next 6 to 9 months, despite potential air … [More.]