A U.S. recession is coming this yr, HSBC warns — with Europe to observe in 2024

Critical Factors

In its mid-yr outlook, the British banking giant’s asset manager said economic downturn warnings are “flashing crimson” for several economies, when fiscal and monetary policies are “out of sync” with stock and bond markets.
Along with China, HSBC believes India is the “principal macro advancement story in 2023” as the overall economy has recovered strongly from the pandemic on the again of resurgent buyer shelling out and products and services.

Supply

Finance

Stocks making the biggest moves midday: Petco Health, Tesla, Circle, Lululemon & more

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Finance

Swiss government proposes tough new capital rules in major blow to UBS

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Finance

Stocks making the biggest premarket moves: Tesla, Circle, Broadcom, Lululemon and more

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