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#内容星星# HSBC has warned of an imminent recession in the US in the fourth quarter of this year, followed by a recession in Europe in 2024. The bank cited recession warnings in many economies, as well as a mismatch between fiscal and monetary policy and stock and bond markets.
The bank expects high inflation to moderate, allowing for rate cuts. HSBC recommends a prudent investment approach and sees potential in Chinese stocks and India's strong economic growth.