Fernando Rodriguez, CFA’s Post

HSBC Investment Weekly: Rising policy uncertainty and market volatility in 2025 Rising uncertainty over economic and trade policy has been hanging over global markets in recent weeks. It’s the kind of anxiety that typically goes hand-in-hand with higher stock market volatility. For now, US stocks remain in a strong uptrend. But with market multiples pricing perfection (the S&P 500 hit another new high this week), bond yields still elevated, and growth cooling into 2025 – can calm conditions last?

Heading into the final trading sessions in 2024, we see indicators supporting our bullish view on global equities and a resilient US economy in 2025. Our CIO Southeast Asia and India James Cheo, CFA, CAIA, FRM talked about reasons for our overweight position on global equities with CNBC’s Martin Soong on Squawk Box Asia today. “It’s not going to be a straight line,” Cheo added. Watch their full discussion here: https://grp.hsbc/6040vZVqp #Investment #InvestmentOutlook #WealthManagement

HSBC Investment Weekly: Markets gains broaden out Recent gains in stock markets have broadened out. Since early February, the equal- and market cap-weighted S&P 500 indices have performed roughly in line (+7 per cent). This is echoed in year-to-date global equity performance, which shows a narrower dispersion of sector returns relative to 2023. Tech names remain ahead of the pack, but industrials, financials and energy aren’t far behind. Investors are gaining confidence to diversify beyond the ‘Magnificent Seven’. This reflects how the soft-landing narrative continues to dominate market psychology.

This week on the Bourse Report, CEO Sarodh Ramkhelawan reviews the performance of local and international stock markets for the first quarter of 2024 (Q12024). Locally, generally improving earnings were not enough to enough to improve investor confidence. Meanwhile, international equities were broadly higher fuelled by strong corporate earnings and continued hopes of US interest rate cuts. Will markets maintain momentum in 2024 or could new developments and/or changes in investor sentiment change their course?

The global economy is wobbling between slowing growth (chart) and reaccelerating inflation. This is unlikely to end well. We recommend investors stay cautious and hedge against both recession and inflation. BCA Research See our #GAA Quarterly https://lnkd.in/dg9YzbY

Market expectations for Fed rate cuts have been on a rollercoaster. Looking ahead to the second half of the year, fundamentals remain constructive, supporting our recent move to a more risk-on stance. Check out our ‘Q3 2024 Investment Highlights’ video, which highlights four investment themes to help you achieve your investment goals. #HSBC #Investment #CIOInsights Investment involves risk. The information in the video does not constitute a solicitation for the making of any deposit or investment in any products. The information contained herein is intended for persons in Hong Kong only.

Kenyan Market Surges, But Is It Time to Buy? Exclusive Insights from Faida Investment Bank. The NSE is on a tear, Co-op Bank's profits are soaring, and global markets are showing resilience. But what does it all mean for your investments? Our latest weekly report reveals: -Key market movers: A deep dive into the stocks driving the NSE's recent rally. -Co-op Bank's success story: Unpacking the factors behind their impressive Q1 earnings. -Global economic trends: Analysis of inflation, oil prices, and the US market surge. -Expert stock picks: Our analysts' top recommendations for this quarter. Don't miss out on these critical insights. Read our full report.

The U.S. equities' stellar performance over the past 15 years has led to a record 63% weighting in the MSCI All Country World Index. While this benefits investors with high U.S. exposure, it also raises concerns about diversification and risk management. A parallel is Japan’s peak in the late 1980s when its equity market accounted for over 40% of global indices before a sharp decline. This highlights the importance of diversification to manage risk and enhance long-term returns.

S&P Global Services PMI (Sep): What Does It Mean for Traders? The health of the U.S. services sector is in focus today. A strong reading boosts investor confidence in the economy, while a weak figure could spell volatility for equities and the dollar. How will this affect your positions? Stay ahead by tuning into the market’s response. Check out the data and trade smarter! #GFSMarkets #ServicesPMI #FinancialFreedom #Investment #Forextrading

Foreign investors contributed a net $19.2 billion to emerging market debt and equity portfolios in November, according to the IIF. Emerging market stocks experienced a net foreign investor outflow of $11.1 billion in November, while debt inflows totaled $30.4 billion. Chinese stocks and bonds saw outflows of $5.8 billion and $7.5 billion, respectively, in November.