Abet Chichi2

[DiscoverGold]

Risk Asset Outperformance: How Much Running Room Is Left?
By: BCA Research | April 11, 2018

BCA has been debating the significance of the recent softening in global economic data in the context of the daily policy-related theatre markets and investors are now living with. How the economic and political narratives ultimately intersect will drive the remaining runway for non-inflationary growth that has been such a fertile environment for risk assets. I addressed the recent cresting in global leading economic indicators, the rising tide of policy uncertainty, and implications for global asset allocation in my 11April18 webcast:

1. Is global growth peaking or petering out? What macro variables will signal market-relevant changes in the complexion of the global economy through the balance of 2018?
2. What does the confluence of expansionary U.S. fiscal, protectionist trade, and tighter monetary policy herald for the longevity and complexion of the current business, credit, and profit cycles?
3. What global equity allocation by region, sector, and style bias makes sense given today’s global macro backdrop? What are the primary risks to this outlook over the coming 6-12 months?

Please listen to the 11April18 webcast here: Risk Asset Outperformance: How Much Running Room Is Left?



https://www.bcaresearch.com/marketing/blog/468

• DiscoverGold