💥💥 Good news is coming!!! 💥💥
💥💥 Good news is coming!!! 💥💥
Citi Strategist: US Stocks Will Soon Plunge
According to news, Citigroup strategists said that the decline in capital inflows and the downward revision of growth expectations indicate that the US stock market will soon plunge.
The company recently raised its year-end target for the S&P 500 to 5,600 points, but said in a client report represented by Scott Chronert on Friday that "short-term trends have prepared us for a correction." They said that capital flows have slowed, internal sentiment indicators are at "excited" levels, and Citi's forecast is that there will be a recession in the second half of this year.
At the same time, general growth expectations have declined recently. Citi strategists said that all of this has prepared the stock market for a "summer storm" or "sudden strong winds."
In addition, the volatility of the election is still an uncertain factor, and both parties may face fundamental pressure.
If the stock market plummets, investors will sell stocks, and the funds will be transferred to the cryptocurrency circle to cope with the adverse risks of the stock price plummet. Then the cryptocurrency circle will usher in a big reversal, and wait for the bottom to eat meat?