Please upgrade your browser

We take your security very seriously. In order to protect you and our systems, we are making changes to all HSBC websites that means some of the oldest web browser versions will no longer be able to access these sites. Generally, the latest versions of a browser (like Edge, Chrome, Safari, etc.) and an operating system family (like Microsoft Windows, MacOS) have the most up-to-date security features.

If you are seeing this message, we have detected that you are using an older, unsupported browser.

See how to update your browser

Investment Weekly

A difficult starting point for US stock valuations
22 November 2024

    Chart of the week – A difficult starting point for US stock valuations

    Chart of the week – A difficult starting point for US stock valuations

    Over the past week, risk markets have paused for breath. US stocks have unwound some of their big post-election gains, high-yield credit spreads have picked up from multi-year lows, and commodity prices have lost ground. We think recent market action reflects a new reality facing investors…

    More from this week:

    Market Spotlight

    • High flying assets

    Lens on…

    • Q3 earnings scorecard
    • Asia’s buyback boost
    • FX moves versus 2016

    Download the full report PDF, 448KB