HSBC's Willem Sels Says US Stocks Are Not as Expensive as They Appear
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6 Articles
The US stock market is not expensive based on valuation metrics and investors are still underestimating the scale of the productivity leap driven by artificial intelligence, says the global chief investment officer of HSBC Private Bank and Premier Wealth. But analysts add that the surge in bond yields poses risks.
Watch Equity Markets: HSBC's Sels Sees AI-Driven Productivity Gains Driving US Stocks
Willem Sels, global chief investment officer at HSBC Private Bank, says the the economy and corporates have proved "more resilient than people thought" and further AI-driven productivity gains are one reason why he is "more bullish on the US than on Europe." Sels speaks on Bloomberg Television.
HSBC’s Willem Sels says US stocks are not as expensive as they appear
AI-driven productivity gains could reshape US stock valuations, but rising Treasury yields pose a significant volatility risk for investors. The post HSBC’s Willem Sels says US stocks are not as expensive as they appear appeared first on Crypto Briefing .
US stocks are not as expensive as they may seem. Valuations still do not fully reflect the scale of the productivity and profit gains driven by AI, according to Willem Sels, global chief investment officer at HSBC Private Bank, Bloomberg reports.
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