Use pullback to add to stocks, HSBC says

Investing.com -- HSBC believes investors should take advantage of the recent market pullback to increase exposure to U.S. equities, citing contrarian buy signals in key sentiment and positioning indicators.After a relief rally in August, concerns about a potential U.S. recession returned last week.

The bank believes inflation is no longer a primary concern, with various measures having eased significantly since April. As a result, the bank expects the Federal Reserve to begin a rate-cutting cycle, starting with a 25-basis-point cut in September. From an asset allocation perspective, HSBC highlights large shifts in sentiment and positioning since mid-July.

The bank is also closing its overweight position in high-yield credit, shifting to neutral on U.S. high-yield bonds, and extending its overweight position in emerging market debt.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

3 sectors to consider amid selloff in European stocks: HSBC3 sectors to consider amid selloff in European stocks: HSBC
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

The best stocks to weather more market and economic turbulence, according to HSBCHSBC expects volatility to continue over the next few weeks.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »