HSBC's Kettner Sees Plenty of Sectors to Support Market Broadening

The video discusses the economic momentum expected into 2025, highlighting that the US economy is maintaining a steady growth rate similar to the past two years. GDP growth expectations remain around 1.7-1.8%, with consensus believing these rates are temporary. Earnings expectations for Q4 are flat, with a potential drop if tech is excluded. The discussion suggests a broader market momentum, with sectors like industrials, healthcare, and banks showing value. The narrative emphasizes that while tech and the Mag 7 remain significant, other sectors are also poised to contribute to market growth.

What sectors are expected to show momentum in the first half of next year?

Discuss the implications of the 'Mag 7' stocks in the context of the overall market momentum.