U.S. stocks are no longer top pick as investors 'take a step back,' Citigroup survey finds

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U.S. stocks are no longer top pick as investors 'take a step back,' Citigroup survey finds

MarketWatch2021-06-29

'European equities surged to first place in areas to invest,' Citi finds in market outlook study London offices of Citi, HSBC and other banks at Canary Wharf BEN STANSALL/AGENCE FRANCE-PRESSE/GETTY ...

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InvisibleP
·2021-06-29
What are the recommended European stocks?
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sharenraj
·2021-06-29
Please like and comment
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6
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- Catto:
  [强]
  2021-06-29
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LHui
·2021-06-29
People are worried about the inflation in theUS currently. Risk of interest rate increase is looming.
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KH321
·2021-06-29
Time for us stock crush?
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selenexue
·2021-06-29
Good
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ckong2013
·2021-06-29
Getting more and more expensive
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- xJimmy:
  ok comemnt pls
  2021-06-29
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- selenexue:
  yes
  2021-06-29
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- Johnlimwt:
  Totally agree, waiting for a correction to buy in some stocks. Please like and comment olease
  2021-06-29
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They upped their median cash holdings \"modestly\" and signaled that a 20% correction remained more likely than a rally of the same size in stocks.\nInvestors worry most about Federal Reserve policy and inflation , said the Citi report, which collected insights over the past two weeks from pension funds, mutual funds and hedge funds. More than half of respondents indicated that inflation will be \"sticky,\" or persisting 9 to 12 months, with the largest block of those surveyed expecting the Fed to raise short-term rates in the second half of 2021.\nThe S&P 500 index has kept climbing past all-time highs this year, even after the Fed meeting earlier this month initially rattled markets with a more hawkish leaning than expected. 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Commodities now rank second for asset classes expected to outperform global equities, followed by U.S. stocks as a close third, the report shows.\nSOURCE: CITI RESEARCH - US EQUITY STRATEGY\nAlmost half of Citi's clients expect that S&P 500 will end this year between 4200 and 4400, with a weighted average target of 4,269, the survey found. \"The buy-side chose energy to be the best performer, wrestling the lead from financials, while tech is anticipated to underperform and utilities remain the most unloved,\" the analyst said.\nSOURCE: CITI RESEARCH - US EQUITY STRATEGY\n\"We cannot necessarily explain why investors seem so unenthused on utilities and consumer staples,\" the Citi report said. \"But they have been the worst performers of the S&P 500 sectors year to date and thus there could be some trend-following being reflected.\"","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":159293092,"gmtCreate":1624968173416,"gmtModify":1703849006169,"author":{"id":"3585470994468822","authorId":"3585470994468822","authorIdStr":"3585470994468822","name":"InvisibleP","avatar":"https://static.itradeup.com/news/13510d2c4ac014319931fb49792d17eb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3585470994468822"},"htmlText":"What are the recommended European stocks?&nbsp;","listText":"What are the recommended European stocks?&nbsp;","text":"What are the recommended European stocks?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159293092","repostId":2147142834,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159804781,"gmtCreate":1624953996943,"gmtModify":1703848718437,"author":{"id":"3580564583915483","authorId":"3580564583915483","authorIdStr":"3580564583915483","name":"sharenraj","avatar":"https://static.tigerbbs.com/87891e8bd4a4c403422a9336c006d749","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580564583915483"},"htmlText":"Please like and comment&nbsp;","listText":"Please like and comment&nbsp;","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/159804781","repostId":2147142834,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5066089,"gmtCreate":1624954277082,"gmtModify":1663230267954,"authorId":3571577131047631,"author":{"id":3571577131047631,"authorId":3571577131047631,"name":"Catto","avatar":"https://static.tigerbbs.com/181aace79a405227ad1cfb4dcc27914c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159804781,"type":1,"supId":0,"prevId":0,"content":"[强]","text":"[强]","html":"[强]"}],"langContent":"EN"},{"id":159809879,"gmtCreate":1624953331891,"gmtModify":1703848707677,"author":{"id":"4087190550326700","authorId":"4087190550326700","authorIdStr":"4087190550326700","name":"LHui","avatar":"https://static.tigerbbs.com/99918386463d825f697d59e66884eb44","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087190550326700"},"htmlText":"People are worried about the inflation in theUS currently. Risk of interest rate increase is looming.&nbsp;","listText":"People are worried about the inflation in theUS currently. Risk of interest rate increase is looming.&nbsp;","text":"People are worried about the inflation in theUS currently. Risk of interest rate increase is looming.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159809879","repostId":2147142834,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159178229,"gmtCreate":1624952699361,"gmtModify":1703848698404,"author":{"id":"3586451610703869","authorId":"3586451610703869","authorIdStr":"3586451610703869","name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586451610703869"},"htmlText":"Time for us stock crush?&nbsp;","listText":"Time for us stock crush?&nbsp;","text":"Time for us stock crush?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159178229","repostId":2147142834,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159158823,"gmtCreate":1624950907162,"gmtModify":1703848669554,"author":{"id":"3585004863289962","authorId":"3585004863289962","authorIdStr":"3585004863289962","name":"selenexue","avatar":"https://static.tigerbbs.com/a02eece75033cda34ead1b8d471e759a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585004863289962"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159158823","repostId":2147142834,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159151941,"gmtCreate":1624950758383,"gmtModify":1703848667767,"author":{"id":"3582056608155770","authorId":"3582056608155770","authorIdStr":"3582056608155770","name":"ckong2013","avatar":"https://static.tigerbbs.com/d8d6f85ffcd3fd73bb7bc85f85e9f0cf","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582056608155770"},"htmlText":"Getting more and more expensive","listText":"Getting more and more expensive","text":"Getting more and more expensive","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/159151941","repostId":2147142834,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5065633,"gmtCreate":1624951045231,"gmtModify":1663230261257,"authorId":3570511255316785,"author":{"id":3570511255316785,"authorId":3570511255316785,"name":"xJimmy","avatar":"https://static.tigerbbs.com/b24d4b1856cd8d6958f25fff0e8a85b6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159151941,"type":1,"supId":5065614,"prevId":0,"content":"ok comemnt pls","text":"ok comemnt pls","html":"ok comemnt pls"},{"id":5065620,"gmtCreate":1624950917234,"gmtModify":1663230260742,"authorId":3585004863289962,"author":{"id":3585004863289962,"authorId":3585004863289962,"name":"selenexue","avatar":"https://static.tigerbbs.com/a02eece75033cda34ead1b8d471e759a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159151941,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"},{"id":5065614,"gmtCreate":1624950892103,"gmtModify":1663230260642,"authorId":3578545886341911,"author":{"id":3578545886341911,"authorId":3578545886341911,"name":"Johnlimwt","avatar":"https://static.tigerbbs.com/a1adeee2347b67dfd778339494a5fd26","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.24","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":159151941,"type":1,"supId":0,"prevId":0,"content":"Totally agree, waiting for a correction to buy in some stocks. Please like and comment olease","text":"Totally agree, waiting for a correction to buy in some stocks. Please like and comment olease","html":"Totally agree, waiting for a correction to buy in some stocks. Please like and comment olease"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":40,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}