Citigroup CEO Dismisses Lasting ’Sell America’ Trend, Sees No Viable Alternatives
Citigroup CEO Jane Fraser downplayed the recent sell-off in U.S. assets as a temporary reaction to geopolitical headlines rather than a sustained market shift. "Never bet against the American entrepreneur," Fraser told CNBC, highlighting strong consumer fundamentals and corporate adaptability. The remarks followed a turbulent trading session where stocks, bonds, and the dollar fell sharply after new tariff announcements.
Financial markets remain volatile as investors weigh the implications of escalating trade measures. Fraser's comments reflect Wall Street's broader skepticism about finding comparable investment opportunities outside U.S. markets. Gold and silver rallies appear to be short-term hedges rather than structural portfolio shifts.
