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Citigroup strategists have indicated that the 4.5% rally in U.S. stocks this year may represent a peak due to potential risks associated with Donald Trump's policy proposals. According to Scott Chronert, a Citi U.S. equity strategist, while there are signs that the rally is broadening beyond major technology stocks, it has so far been limited to other large-cap companies. Chronert noted that the stock market may not have fully priced in possible disruptions from Trump's policies, despite ongoing investor optimism regarding a 'pro-business' stance.
El repunte del 4,5% de las acciones estadounidenses este año probablemente sea lo mejor por ahora, según los estrategas de Citigroup: https://t.co/U7K0qiXdVS
Potential Trump policy disruptions 'may not be priced in' to stock market rally, Citi says 👀 "S&P 500 price action signals that investors continue to view a “pro-business” bias to the platform," Citi US equity strategist Scott Chronert wrote a note, "We don’t disagree but also… https://t.co/85a9VPGR5w
4.5% rally in U.S. stocks this year is likely as good as it gets for now due to risks from #DonaldTrump’s policy proposals, says #Citigroup.
