Max Kettner Would Be Long Anything If Oil Falls to $80
HSBC strategist Max Kettner suggests that rising bond yields remain correlated with oil prices. He indicates a preference for tech and equities due to strong earnings performance.
Max Kettner, chief multi-asset strategist at HSBC, says it is tough to call an end to rising bond yields as he sees them “incredibly correlated with oil.” Kettner asks if there is really any point in buying duration as he looks to tech and equities due to strong earnings. He speaks on “Bloomberg Brief.” (Source: Bloomberg)
READ NEXT
More on the wire
AI TLDR
Representative Ro Khanna has introduced a universal childcare proposal. The move comes as he campaigns nationally amid speculation regarding a 2028 presidential run.
AI TLDR
A powerful nor'easter is expected to bring heavy rain and strong winds to the Northeast throughout the weekend. Residents are advised to prepare for the incoming storm.
AI TLDR
Senator Mike Lee suggested that President Trump should take Chinese leader Xi Jinping to Panda Express during a state visit to Washington.