HSBC has downgrades U.S. stocks to neutral and upgraded European stocks (excluding the UK) to overweight. The bank sees signs of a mini earnings recession in early 2025, which it believes is already reflected in U.S. stock prices. This makes them less appealing for investors. Meanwhile, European stocks are becoming more attractive due to game-changing … Continue reading HSBC Downgrades U.S. Stocks, Upgrades Europe on Stimulus Boost