Citigroup: Investors Are Overly Optimistic About Imminent Resolution of US-Iran Issues

robot
Abstract generation in progress

Odaily Planet Daily reports that Citigroup Chief Investment Officer Kate Moore believes investors are overly optimistic, thinking that the US-Iran issue will be resolved soon. She stated on Wednesday, “Some of the price fluctuations we’ve experienced, especially in the past two days, actually indicate that people are very optimistic about the issue being resolved, and they also believe that this energy shock won’t trigger widespread inflation. Honestly, this makes me a bit worried.” She added, “When it comes to building an investment portfolio, I want to be extremely cautious. Because what we want to construct now is a risk-resistant portfolio, and we must also ensure that we can withstand inflation risks and possibly longer-lasting conflicts than what current market optimists expect.” (Jin10)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin