Bloomberg A combination of mixed macroeconomic data and stretched investor sentiment suggests it’s time to sell risk assets, according to HSBC Holdings Plc. “Fundamentally, the macro data does not justify the recent outperformance of risk assets,” wrote strategists including Max Kettner in a note to clients. “We think risk assets are ripe for a pullback in the coming weeks.” The …

Bloomberg Brazil’s central bank refrained from providing guidance on its easing cycle beyond its next policy meeting in December, opting instead to signal it will remain cautious in efforts to add stimulus to a weak economy. A benign consumer price outlook should allow for another rate cut “of the same magnitude” next month, the central bank board wrote in the …

Bloomberg Goldman Sachs Group Inc, stung by losses in Uber Technologies Inc and WeWork, has a message for investors in growth stocks: profit matters. After years of pursuing revenue growth at all costs, driven by cheap money, markets are increasingly focusing on whether companies can translate top line expansion into profitability, Chief Executive Officer David Solomon said in a wide-ranging …