HSBC Strategist Says Global Stocks Can Withstand Higher Interest Rates
· Business · Bloomberg, CNBC
Equity markets have fully discounted higher interest rates moving forward, according to Max Kettner, chief multi-asset strategist at HSBC Bank. Kettner points to global strength in corporate earnings as the primary driver supporting stock valuations despite ongoing monetary tightening. The assessment highlights resilience in broader financial markets even as central banks maintain elevated borrowing costs. The strategist did not specify which particular sectors or regions are leading this earnings growth.
Why it matters
Global investors and equity markets face shifting valuations as central banks maintain higher interest rates to curb inflation. The earnings strength highlighted by HSBC indicates whether corporate performance can offset rising borrowing costs.
Read the original report — Bloomberg
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.