With a Mission Statement to Serve “The Worldly and the Wealthy”, Chief Investment Officer of Citigroup Private Bank Says Clients are Holding too Much Cash; Recommends Rotating into Both Small to Medium Cap Equities, and Emerging Market Equity and Debt, Bloomberg



https://www.bloomberg.com/news/articles/2020-06-04/citi-says-wealthy-clients-are-holding-too-much-cash-time-to-buy



“This is a brand new economic cycle. It is
beginning with a brief, extremely deep, rolling
global recession, which is likely to be followed
by an initial, sharp snapback in global economic
activity that will achieve only a partial, uneven
recovery.” Full Report







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