2 Hours AgoStocks are more likely to proceed rallying on rising recession dangers, Piper Sandler saysRising dangers of recession are unlikely to place a damper on the present market rally, in response to Piper Sandler.In reality, the alternative is likely to be true.”We consider shares will rally on rising recession dangers (i.e., softer macro information) — definitely an uncommon take!” the funding agency wrote. “We stay constructive with the view that decrease charges from softer macro information will arrange shares for an additional leg larger within the coming quarters.”Going ahead, Piper Sandler views larger charges as the best risk to the market rally and the more than likely catalyst for a correction.— Lisa Kailai Han3 Hours AgoBitcoin’s present market cap is larger than GDP of 159 of the world’s economies, and different stunning statistics from HSBCIn a Tuesday word, HSBC International Analysis launched an inventory of 13 stunning market statistics.Listed here are a number of:”The present market cap of Bitcoin is larger than the GDP of 159 of the world’s economies in 2023.””40% of retail gross sales in Korea happen on-line vs lower than 25% within the US and western Europe.””Annual cement consumption in China is down 15% since 2020, however it’s nonetheless greater than the US has consumed within the final 20 years.””India, Korea, and Taiwan all have twice the variety of giant, liquid firms open to international buyers than there are in mainland China.”— Lisa Kailai Han3 Hours AgoStock futures are barely higherStock futures traded up modestly shortly after 6 p.m. ET.Dow futures added 0.2%. S&P 500 and Nasdaq 100 futures every ticked up by 0.1%.— Alex Harring