• Seth Golden posted an update 3 weeks, 2 days ago

    HSBC Pullback Probability Indicator uses a machine learning technique known as XGBoost to predict the likelihood of global equities falling in the next four weeks

    The latest readings show that the risk of a pullback is extremely high. The main factors driving our models’ view has been the weakness in earnings revisions and disappointing US
    economic data and rising US bond yields.

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