Super Bull Market on the Horizon? Citigroup: US stocks could surge up to 10% by the end of the year
I'm PortAI, I can summarize articles.
Wall Street predicts that the S&P 500 index will break through 6000 points. Stuart Kaiser, the head of Citigroup's US stock trading, said that US stocks may surge another 5% to 10% before the end of the year. He believes that the scenario of a super bull market is reasonable, provided that the economy avoids a recession and the Federal Reserve cuts interest rates. Although the Federal Reserve does not believe that a recession is imminent, employment market data will be crucial. If the unemployment rate falls below 4.1%, the market will remain positive; conversely, if the unemployment rate rises above 4.3%, investors need to be cautious of risks
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: JIN10 The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments