Global stocks remain constructive as semis sell off – HSBC’s Max Kettner

HSBC’s Max Kettner sees global equities resilient amid tech weakness, with semis signaling buys and Europe/Japan opportunities.

Global stocks remain constructive as semis sell off – HSBC’s Max Kettner | Seeking Alpha

Save

Play

(

3min

)

Comments

HSBC's chief multi-asset strategist, Max Kettner, remains “really constructive” on global equities despite recent technology sector weakness, arguing that semiconductor (

IGV

), (

XSW

) positioning is already flashing buy signals.

In an interview with CNBC, Kettner characterized the pullback as a positioning-driven correction

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.

Is this happening to you frequently? Please

report it on our feedback forum.

If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.

Search field

Entering text into the input field will update the search result below

Entering text into the input field will update the search result below

Quick Insights

Why is HSBC constructive on global equities despite tech weakness?

HSBC sees the tech selloff as positioning-driven, notes overall market resilience, and believes minimal recession risk and stable Fed policy underpin a positive outlook.

What is the rationale for shifting from emerging markets to European equities?

HSBC shifted due to momentum liquidation pressures impacting emerging Asia and sees European equities as closely tracking the S&P 500, benefiting from broader market leadership.

Why does HSBC view Japanese equities as a buy despite regional selloffs?

HSBC attributes Asian selloffs to forced liquidation, not fundamentals, and highlights Japan's support from fiscal initiatives, strong bank earnings, and better corporate governance.

Recommended For You

More

Trending News

See More

»