BCA: U.S. TAX HIKES COULD BECOME NEXT BIG STOCK RISK

BCA Research remains bullish on equities, arguing rising bond yields reflect strong growth rather than a reason to turn bearish.

The bigger risk, strategist Marko Papic says, is future U.S. tax increases, particularly packages combining multiple hikes.

BCA’s historical analysis found 65% of multi-tax packages underperformed, with affected markets lagging MSCI World by roughly 6 percentage points over the following year.
(@WalterBloomberg)