Ten Investment Themes For 2016

Our Global Investment Strategy service recently published their Annual Outlook, which discusses the ten themes they expect to drive global financial markets throughout the year: Theme #1: U.S. Growth Continues To Disappoint The U.S. economy is … [More.]

Chinese Policy Uncertainty = Global Equity Risk

Growing uncertainty about China's economic and financial trajectories is raising the risk premium on global stocks and on China-related plays in particular. This, along with weakening growth/contracting corporate profits in many parts of the world, … [More.]

A Renewed Geopolitical Risk Premium For Oil?

Iran and Saudi relations have hit a low point in an already tumultuous relationship, with potential repercussions for the energy markets. Saudi Arabia’s recent decision to execute a prominent Shia cleric Nimr al-Nimr, who was originally imprisoned … [More.]

The Inequality Conundrum: Part 1

We were struck by a YouTube video recently in which the late former British Chancellor of the Exchequer, Denis Healey, was asked what he thought about the punitive tax regime he imposed on the country in the 1970s. At the time the marginal tax rate … [More.]

Stuck In A Rut

Mr X. - more conflicted than ever about the 2016 outlook - poses some tough questions to BCA’s editorial board. Mr. X is a long-time BCA client who visits our offices toward the end of each year to discuss the economic and financial market o … [More.]