Chief Economist & Political Strategist, CrossASEAN Research

Prasenjit K. Basu

Chief Economist & Political Strategist

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Macroeconomics

<ul>
<li>Core PCE and CPI inflation remained at 4-year lows in Apr-May'25 despite Trump's tariffs, although June core CPI inflation crept up MoM after further tariff hikes (on steel and aluminium).</li>
<li>M2 growth of just 5.2%YoY (May'25) is a restraining factor on inflation. However, tariff hikes have been much higher than we expected, with most trading partners failing to negotiate reductions. </li>
<li>For consistency with 2024 cuts, the FOMC likely will cut rates this month. But the tariff hikes on most trading partners will push core inflation toward 3%, disallowing further cuts. </li>
</ul>


Core PCE and CPI inflation remained at 4-year lows in Apr-May'25 despite Trump's tariffs, although June core CPI inflation crept up MoM after further tariff hikes (on steel and aluminium).
M2 growth of just 5.2%YoY (May'25) is a restraining factor on inflation. However, tariff hikes have been much higher than we expected, with most trading partners failing to negotiate reductions. 
For consistency with 2024 cuts, the FOMC likely will cut rates this month. But the tariff hikes on most trading partners will push core inflation toward 3%, disallowing further cuts. 


US: Subdued Inflation to Oblige a Reluctant Fed to Cut This Month, but No More in '25

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Boeing, a global aviation giant, is making waves as it navigates a pivotal turnaround after facing a tumultuous period marred by operational lapses, financial strain, and reputation challenges.</li><li>The company has recently demonstrated notable progress across several fronts.</li><li>On December 18, Boeing resumed production of its 737, 767, and 777/777X airplane programs, signaling an operational revival after a three-month machinists' strike.</li></ul>

Boeing, a global aviation giant, is making waves as it navigates a pivotal turnaround after facing a tumultuous period marred by operational lapses, financial strain, and reputation challenges.The company has recently demonstrated notable progress across several fronts.On December 18, Boeing resumed production of its 737, 767, and 777/777X airplane programs, signaling an operational revival after a three-month machinists' strike.

Boeing's Bold Comeback: Inside The $36 Billion Deal, 787 Ramp-Up & Cultural Overhaul

US-EU Index Rebalances / Quantitative Researcher, ORTEX

Dimitris Ioannidis

US-EU Index Rebalances / Quantitative Researcher

Global Financial Data and Analytics Platform

ORTEX

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Event-Driven

<ul>
<li>The equity offering of <a href="https://www.smartkarma.com/entities/boeing-co" target="_blank" data-smartkarma-citation="entities:11957:1" rel="noopener">Boeing Co (BA US)</a> is forecasted to generate a passive fund demand of more than $5bn across US &amp; Global indices including S&amp;P500.</li>
<li>Announcement, implementation, and passive fund demand from indices is expected between 29-31 October 2024. </li>
<li>The free float in a US and Global index might round up from ~95% to 100% because of the strategic holding's dilution following the offering.</li>
</ul>


The equity offering of Boeing Co (BA US) is forecasted to generate a passive fund demand of more than $5bn across US &amp; Global indices including S&amp;P500.
Announcement, implementation, and passive fund demand from indices is expected between 29-31 October 2024. 
The free float in a US and Global index might round up from ~95% to 100% because of the strategic holding's dilution following the offering.


Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering

<ul><li>The Boeing Company's Third Quarter 2024 Earnings highlighted a mix of challenges and strategic initiatives aimed at stabilizing and revitalizing the company.</li><li>The CEO, Robert Ortberg, outlined a clear, multi-faceted approach to address the ongoing issues, aiming to restore Boeing's position as a leader in the aerospace sector.</li><li>However, the financial results and ongoing disruptions present a complex, challenging landscape for the company.</li></ul>

The Boeing Company's Third Quarter 2024 Earnings highlighted a mix of challenges and strategic initiatives aimed at stabilizing and revitalizing the company.The CEO, Robert Ortberg, outlined a clear, multi-faceted approach to address the ongoing issues, aiming to restore Boeing's position as a leader in the aerospace sector.However, the financial results and ongoing disruptions present a complex, challenging landscape for the company.

Boeing's Q3 Result & Current Struggles Pointing Towards The Need For A "Leaner" Future? - Major Drivers

Podcast by Joe Weisenthal & Tracy Alloway, Odd Lots

Odd Lots

Podcast by Joe Weisenthal & Tracy Alloway

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

<ul><li>Boeing is facing deep issues beyond the upcoming strike vote</li><li>Boeing's profitability hinges on ramping up production of the 737</li><li>Getting suppliers healthy and delivering again is crucial for Boeing's future success</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>

Boeing is facing deep issues beyond the upcoming strike voteBoeing's profitability hinges on ramping up production of the 737Getting suppliers healthy and delivering again is crucial for Boeing's future successThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Lots More on the Ongoing Mess That Is Boeing

United States

The Boeing Company, together with its subsidiaries, develops, produces, and markets commercial jet aircraft, as well as provides related support services to the commercial airline industry worldwide.  The Company also researches, develops, produces, modifies, and supports information, space, and defense systems, including military aircraft, helicopters and space and missile systems.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Boeing Co (BA US)

US: Subdued Inflation to Oblige a Reluctant Fed to Cut This Month, but No More in '25

Despite Trump's tariffs, inflation remained low in Apr-May'25, so a July rate cut is likely. But tariffs on most trade partners from Aug'25 (worse...

Prasenjit K. Basu

Boeing's Bold Comeback: Inside The $36 Billion Deal, 787 Ramp-Up & Cultural Overhaul

Boeing, a global aviation giant, is making waves as it navigates a pivotal turnaround after facing a tumultuous period marred by operational...

Baptista Research

Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering

Global purple announced the increase in shares at the close of 29 October with a trade date at the close of 31 October where demand of ~$1.6bn and...

Dimitris Ioannidis

Boeing's Q3 Result & Current Struggles Pointing Towards The Need For A "Leaner" Future? - Major Drivers

The Boeing Company's Third Quarter 2024 Earnings highlighted a mix of challenges and strategic initiatives aimed at stabilizing and revitalizing...

Baptista Research

Lots More on the Ongoing Mess That Is Boeing

The podcast episode discussed Boeing's ongoing challenges, including a strike vote, financial struggles, and the importance of getting suppliers...

Odd Lots

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

US: Subdued Inflation to Oblige a Reluctant Fed to Cut This Month, but No More in '25

​Despite Trump's tariffs, inflation remained low in Apr-May'25, so a July rate cut is likely. But tariffs on most trade partners from Aug'25 (worse...

Prasenjit K. Basu

Boeing's Bold Comeback: Inside The $36 Billion Deal, 787 Ramp-Up & Cultural Overhaul

Boeing, a global aviation giant, is making waves as it navigates a pivotal turnaround after facing a tumultuous period marred by operational...

Baptista Research

Boeing (BA US): Soaring in US & Global Indices with $21B Equity Offering

Global purple announced the increase in shares at the close of 29 October with a trade date at the close of 31 October where demand of ~$1.6bn and...

Dimitris Ioannidis

Boeing's Q3 Result & Current Struggles Pointing Towards The Need For A "Leaner" Future? - Major Drivers

The Boeing Company's Third Quarter 2024 Earnings highlighted a mix of challenges and strategic initiatives aimed at stabilizing and revitalizing...

Baptista Research

Lots More on the Ongoing Mess That Is Boeing

The podcast episode discussed Boeing's ongoing challenges, including a strike vote, financial struggles, and the importance of getting suppliers...

Odd Lots

Despite Trump's tariffs, inflation remained low in Apr-May'25, so a July rate cut is likely. But tariffs on most trade partners from Aug'25 (worse...