BBX Logo Beta

Citigroup strategist believes AI trading is not over yet, US stock bull market still intact

--

Citigroup strategists say that corporate profits are strong and liquidity has not tightened yet, and it is too early to assert that the AI deal will end. Dirk Willer pointed out in the report that the rotation towards Europe caused by the decline in oil prices is only a temporary phenomenon, maintaining a surplus in the US and emerging Asian markets. Given that the Federal Reserve has not yet raised interest rates and its balance sheet is still expanding, Citigroup strategists believe that the bull market in the US stock market remains intact.

Loading...