Citi stays Buy on US stocks despite election risk

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Citi stays Buy on US stocks despite election risk

Investing.com -- Citi strategists maintained an Overweight rating on US stocks despite potential risks stemming from the upcoming presidential election.

Citi strategists led by Dirk Willer said that “this month, we de-risk trades which have too much binary outcome risk but keep those that have a macro justification or an asymmetry to a Trump victory.”Citi staying overweight on US stocks comes as the Wall Street firm sees a favorable setup as the year-end approaches, while also keeping an overweight position in European-peripheral rates relative to the US, noting that a Republican win could elevate fiscal concerns.

If Trump wins without full congressional control, he is expected to focus on tariffs and immigration policies, likely pushing inflation higher and slightly restraining growth.facing potential headwinds, despite an initial year-end relief rally, as equities historically experience slight gains leading up to election day.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 450. in BR

Brasil Últimas Notícias, Brasil Manchetes