Citi Team Downgrades US Stocks on Recession Risk, Favors China
- Date: 27-May-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
Citi Team Downgrades US Stocks on Recession Risk, Favors China
(Bloomberg) -- Citigroup Inc. strategists cut their recommendation on US stocks to neutral on the risk of a recession, joining an increasing number of banks in warning of a growth slowdown.
Most Read from Bloomberg
Ukraine Latest: US Slams Putin’s Food-for-Sanctions Relief Plan