Reported 6 months ago
Citigroup Inc.'s Stuart Kaiser warns that the booming US stock market, which recently reached all-time highs, faces increased risk due to a slowing economic growth trend. Kaiser, Citi's head of US equity trading strategy, expressed concern about the weakening economy combined with the strong stock rally, stating that the risk-reward ratio for stocks looks bleak. Despite maintaining a positive outlook, Kaiser highlighted the need for caution amidst the current economic landscape and emphasized the importance of monitoring the situation closely.
Source: YAHOO