HSBC's Kettner: Stocks Don’t Need a Catalyst to Keep Rising

Stocks can continue climbing without a specific catalyst, despite recent volatility, as structural factors support higher valuations, according to HSBC Chief multi-asset strategist Max Kettner. “I don’t think there needs to be a catalyst,” said Kettner. He explained that we’re in a world of structurally higher nominal growth, and structurally higher revenue growth, meaning if company margins don
Source
Bloomberg Markets
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