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Citi: Investors Are Too Optimistic That US-Iran Issues Will Be Resolved Soon
Deep Tide TechFlow News, March 26 — According to CNBC, Citigroup Chief Investment Officer Kate Moore believes investors are overly optimistic, thinking that the US-Iran issue will be resolved soon. She stated on Wednesday, “Some of the price fluctuations we’ve experienced, especially in the past two days, actually indicate that people are very optimistic about the issue being resolved, and they also believe that this energy shock won’t trigger widespread inflation. Honestly, that makes me a bit worried.” She added, “When it comes to building an investment portfolio, I want to be extremely cautious. Because right now, we aim to construct a risk-resistant portfolio, and we must also ensure that we can withstand inflation risks and potentially longer-lasting conflicts than what the current market optimists expect.” (Jin10 Data)