Strategists such as HSBC's Max Kettner still maintain an “aggressive risk appetite” stance and are close to maximizing overallocation to US stocks; after the key risk event in December passed, the stock market is currently near a record high. They said that mixed feelings about the US economic data are beneficial to the stock market, as long as inflation is not too cold or overheated, and bond yields remain far from worrying levels for risky assets. Kettner notes that the team's confidence and positions are slowly approaching the overbought region.

Strategists such as HSBC's Max Kettner still maintain an “aggressive risk appetite” stance and are close to maximizing overallocation to US stocks; after the key risk event in December passed, the stock market is currently near a record high. They said that mixed feelings about the US economic data are beneficial to the stock market, as long as inflation is not too cold or overheated, and bond yields remain far from worrying levels for risky assets. Kettner notes that the team's confidence and positions are slowly approaching the overbought region.