HSBC like setting long trades into risk assets, “above all into US equities” | Forexlive

A note from overnight (Tuesday US time) from HSBC, analysts at the bank like buying into risk assets, especially US equities, citing:

• “A key difference to a month ago is that our short-term sentiment and positioning index is now way off contrarian sell territory and much more neutral now”

• the US economy has gathered pace, going from “strength to strength”, outpacing other parts of the world

Which presents:

• “ … a pretty good tactical entry point into risk assets, above all into US equities.”