Citi Quants Say the AI-Driven Tech Rally Has Legs
The rally in tech stocks has further to go, as buzz around artificial intelligence and hopes for a pause in the Fed's rate hikes give them an edge.
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Pimco Says Gold Is Overvalued Now, But Has Long-Term Appeal
Gold still looks too expensive after recent declines, according to a Pimco managing director.
Citi Strategist Says Tech Stock Rally Is Now at Risk of Fizzling Out
After 31% surge in US technology-heavy Nasdaq 100 Index this year, market strategists at odds about whether investor positioning is getting crowded.
Municipal Bond Performance on Track for Worst May Since 1986
May on track to be worst May in recent history for municipal bonds amid elevated interest-rate environment and Treasury volatility caused by fear.
What Would Happen to a Treasury Bill After Default? Six Key Questions.
For holders of Treasury bills, notes and bonds raises uncertainty over whether issues they hold are affected, and what happens if debt isn't repaid.
Citi Says Buyers Plow $21 Billion Into US Stocks
Investors are boosting their bullish bets on US equities, making positioning increasingly “one-sided,” according to Citigroup Inc. strategists.
