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

Sharp reversal in investor sentiment
24 November 2023

    Chart of the week – Sharp reversal in investor sentiment

    The S&P 500 has had a blistering run in November so far, reversing the bulk of losses sustained after the index hit its year-to-date peak on 31 July. The Fed meeting on 1 November marked a turnaround in market sentiment as Fed Chair Powell’s sounded reluctant to tighten monetary policy any further. Last week’s lower-than-expected October CPI print solidified expectations that the Fed is done.

    Chart of the week – Sharp reversal in investor sentiment

    More from this week:

    Market Spotlight

    • New infrastructure development needed to hit climate targets

    Lens on…

    • Governments boxed in
    • Could 2024 be the year of the yen?
    • GDP scenario favours EM allocation

    Download the full report PDF, 3.06MB