Thursday , 21 November 2024
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Citi moves underweight equities

Citi cited concerns over economic growth:

  • Moving underweight equities as growth dims further
  • Economic growth indicators continue to decline
  • Hard-landing fears have set-off rising cross-asset volatility
  • Inflation moves back to long-term targets
  • Our model moves slightly short equities from max-long and overweight commodities (ex energy)

This article was written by Eamonn Sheridan at www.forexlive.com.

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