HSBC's Kettner turns cautious on equities for now
FROM THE WIRE · FINANCE.YAHOO.COM
"Right now, the bond side of things, the rate side of things, is probably the easier trade to be in," says Max Kettner, chief multi-asset strategist at HSBC Bank. He explains the factors behind his cautious view of equities through the end of the year amid what he calls…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA downgrade on equities from an HSBC strategist can weigh on investor sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Max Kettner of HSBC downgraded his equity call, citing constant narrative bingo.
- 02Three themes will dominate looking into 2027: the Middle East, a possible turn in Fed hawkishness and hyperscaler free cash flow.
- 03Kettner says the bond and rate side is probably the easier trade for now.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
HSBC Holdings plc17.67 USDAwaiting tradestoday -3.44%Neutral HSBC Holdings plc91.75 USD+1.18%today +1.18%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets