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Citigroup Executive Flags Uncertain Foundations of U.S. Stock Rally
Citigroup Executive Flags Uncertain Foundations of U.S. Stock Rally
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BTCCSquare news:
Kate Moore, Citigroup's investment chief, casts doubt on the sustainability of the U.S. equity rally amid deteriorating earnings forecasts and macroeconomic ambiguity. "We're climbing while expectations fall," she told CNBC, underscoring the disconnect between market Optimism and fundamental weakness.
The warning carries implications for crypto investors chasing AI and tech narratives. While acknowledging these sectors' long-term potential, Moore cautioned against speculative excesses—a sentiment echoing through volatile digital asset markets.
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