Citi Predicts New Era for Green Stocks Amid Lower Interest Rates

Reported about 1 month ago

Citi's US equity strategist Drew Pettit suggests that the market is entering a new phase for green investing as the Federal Reserve starts to lower interest rates. This shift could boost clean energy infrastructure investments, with Pettit noting that lower rates may accelerate growth in green stocks beyond the overall market. He emphasizes the importance of the industrial sector in the green transition, highlighting the need for improved manufacturing processes to utilize resources effectively.

Source: YAHOO

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