HSBC’s Max Kettner Ends Bullish Stocks Call Ahead of Midterms

HSBC's Max Kettner, among Wall Street's most bullish strategists, cut his stock bet for the first time in months, citing sharp investor mood swings ahead of next week's US midterms. The move signals growing caution among equity strategists as political uncertainty and market volatility rise, with Kettner recommending a more defensive positioning.