Citi Private Bank remains bullish on equities despite the spectre of inflation upending the current buoyant environment for stocks. “We had a strong overweight (on equities) from 2Q20”, Ken Peng told reporters at Citi’s 2021 Mid-Year Outlook Media Briefing. “This maxed out in November 2020,” he added. In 2021, that overweight on global equities was reduced to neutral on expectations…
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