HSBC Strategists Expect Fading Stocks Rally in Challenging Year

Bloomberg2022-01-10

A lose-lose situation may be emerging for risk assets this year, according to HSBC strategists.If economic growth rebounds in line or above expectations, this will open the door for “fairly aggressive...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

PearlynCSY
2022-01-11
PearlynCSY
Both Donald Trump and Joe Biden use steroid to grow the US economy. Trump printed $6.7 trillion and Biden is on target to print $6 trillion. In general, such massive QE together with zero interest rate means massive inflation is to be expected. In all probability, the last 2 years bull run is likely to be hammered in 2022. Going forward, I think it is better to err on the safe side and exercise caution and patience. And invest only in fundamentally strong companies with reasonable valuations and good prospect.
sowtat
2022-01-10
sowtat
ok
BlueDahlia
2022-01-10
BlueDahlia
Ok
hoihoi
2022-01-10
hoihoi
nice
darrenlsw
2022-01-10
darrenlsw
So how?
ZTPang
2022-01-10
ZTPang
Please like

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1171756580?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-10 22:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1171756580","market":"us","top_or_hot":-1,"title":"HSBC Strategists Expect Fading Stocks Rally in Challenging Year","media":"Bloomberg","content":"<div>\n<p>A lose-lose situation may be emerging for risk assets this year, according to HSBC strategists.If economic growth rebounds in line or above expectations, this will open the door for “fairly aggressive...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-10/hsbc-strategists-expect-fading-stocks-rally-in-challenging-year\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HSBC Strategists Expect Fading Stocks Rally in Challenging Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHSBC Strategists Expect Fading Stocks Rally in Challenging Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-10 22:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-10/hsbc-strategists-expect-fading-stocks-rally-in-challenging-year><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A lose-lose situation may be emerging for risk assets this year, according to HSBC strategists.If economic growth rebounds in line or above expectations, this will open the door for “fairly aggressive...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-10/hsbc-strategists-expect-fading-stocks-rally-in-challenging-year\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2022-01-10/hsbc-strategists-expect-fading-stocks-rally-in-challenging-year","article_id":"1171756580","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1171756580","pubTimestamp":1641824279,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"A lose-lose situation may be emerging for risk assets this year, according to HSBC strategists.If ec","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index"},"translate_title":"汇丰策略师预计股市将在充满挑战的一年反弹","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".SPX":0.9},"content_text":"A lose-lose situation may be emerging for risk assets this year, according to HSBC strategists.If economic growth rebounds in line or above expectations, this will open the door for “fairly aggressive” tightening from the U.S. Federal Reserve, HSBC strategists led by Max Kettner said in a note. On the other hand, even if supply chain issues dampen recovery--a scenario that HSBC sees as more probable--the Fed is unlikely to quickly change its strategy, resulting in “further deterioration of the growth-inflation trade-off.”Worse still, a combination of both scenarios could play out: “If we get a combination of both decelerating growth and more tightening priced in in the next six months, then the first half could indeed be quite nasty for risk assets,” Kettner said by email.Against this backdrop, stocks are expected to deliver meager returns in a “fade the rally” year, according to HSBC. While Kettner raised his year-end target for the S&P 500 index by 5.4% to 4,900 points, this implies a tepid 4.8% upside for the U.S. benchmark from its current levels, a far cry from last year’s 27% rally.Global equities have had a rough start to the year as investors fled frothier parts of the market, like technology, amid concerns about the Fed’s more hawkish stance and rising bond yields. In contrast, cheaper and so-called value sectors, like banks, have outperformed.Within U.S. stocks, HSBC prefers the small-cap Russell 2000 Index over the S&P 500 and tech-heavy Nasdaq 100 because investors have been less optimistic about small caps’ earnings. Even as the strategists recommend refuge in more defensive sectors and regions, such as Swiss equities, staples and health stocks, they also advise that investors don’t jump on the value train just yet, as a near-term pullback is expected following their recent rally.“We still think the consensus is too sanguine on the outlook for risk assets,” Kettner said in Monday’s note. “The only thing that prevents us from cutting risk assets now is the still downbeat sentiment and positioning.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9006720056,"gmtCreate":1641855526783,"gmtModify":1676533653675,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"4092458811577680","authorIdStr":"4092458811577680"},"htmlText":"Both Donald Trump and Joe Biden use steroid to grow the US economy. Trump printed $6.7 trillion and Biden is on target to print $6 trillion. In general, such massive QE together with zero interest rate means massive inflation is to be expected. In all probability, the last 2 years bull run is likely to be hammered in 2022. Going forward, I think it is better to err on the safe side and exercise caution and patience. And invest only in fundamentally strong companies with reasonable valuations and good prospect.","listText":"Both Donald Trump and Joe Biden use steroid to grow the US economy. Trump printed $6.7 trillion and Biden is on target to print $6 trillion. In general, such massive QE together with zero interest rate means massive inflation is to be expected. In all probability, the last 2 years bull run is likely to be hammered in 2022. Going forward, I think it is better to err on the safe side and exercise caution and patience. And invest only in fundamentally strong companies with reasonable valuations and good prospect.","text":"Both Donald Trump and Joe Biden use steroid to grow the US economy. Trump printed $6.7 trillion and Biden is on target to print $6 trillion. In general, such massive QE together with zero interest rate means massive inflation is to be expected. In all probability, the last 2 years bull run is likely to be hammered in 2022. Going forward, I think it is better to err on the safe side and exercise caution and patience. And invest only in fundamentally strong companies with reasonable valuations and good prospect.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006720056","repostId":1171756580,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9006479277,"gmtCreate":1641827555890,"gmtModify":1676533651827,"author":{"id":"4104765823183690","authorId":"4104765823183690","name":"sowtat","avatar":"https://community-static.tradeup.com/news/1c2abc8f3ecd4392cc44d5f95b78d70a","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4104765823183690","authorIdStr":"4104765823183690"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006479277","repostId":1171756580,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9006442564,"gmtCreate":1641826934069,"gmtModify":1676533651655,"author":{"id":"4096548925879390","authorId":"4096548925879390","name":"BlueDahlia","avatar":"https://static.tigerbbs.com/ed3f75e316797b2df4e3a5991dea3f3b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4096548925879390","authorIdStr":"4096548925879390"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006442564","repostId":1171756580,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9006451747,"gmtCreate":1641825586813,"gmtModify":1676533651266,"author":{"id":"4101995877501100","authorId":"4101995877501100","name":"hoihoi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4101995877501100","authorIdStr":"4101995877501100"},"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006451747","repostId":1171756580,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9006422445,"gmtCreate":1641824718501,"gmtModify":1676533651091,"author":{"id":"3574260792698407","authorId":"3574260792698407","name":"darrenlsw","avatar":"https://community-static.tradeup.com/news/146979aca2cc98520f97f1472521789b","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574260792698407","authorIdStr":"3574260792698407"},"htmlText":"So how?","listText":"So how?","text":"So how?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006422445","repostId":1171756580,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9006422114,"gmtCreate":1641824635051,"gmtModify":1676533651083,"author":{"id":"3582325347699347","authorId":"3582325347699347","name":"ZTPang","avatar":"https://static.tigerbbs.com/447bbc8a52fb7a0361b472c0afceaa15","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"3582325347699347","authorIdStr":"3582325347699347"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006422114","repostId":1171756580,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":68,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1171756580"}