Skip to main content
Citi

Citi Wealth Insights

-

More Stimulus and Vaccines Appear on the Way

US President Biden proposed a support package of US$1.9 trillion, which if passed in the state presented, adds the capacity to address immediate needs with enough aid to address a longer-lasting crisis if needed. Regulatory approvals of more vaccines in the US and Europe are also pending and appear positioned to succeed in the developing world given their less stringent storage requirements.
Continue Reading
-

Focus on COVID-19 Recovery, not Politics

While political news causes markets to rise or fall, the impact of government decisions is likely to be priced in swiftly. Citi analysts caution investors to follow vaccines, not politics. Despite the uncertainty associated with global government actions, COVID-19's eventual defeat remains the major factor that may drive investment returns in 2021-22.
Continue Reading
-

Encouraging Vaccine News Boost Case for Equities

Encouraging vaccine news has boosted confidence in Citi’s base case views. The Citi Private Bank Global Investment Committee has further increased overweights to global equities, adding to developed markets (ex US) and emerging markets (ex China).
Continue Reading
-

Impact of a Healthcare Solution to COVID-19

On 9 November, pharmaceutical company Pfizer announced better-than-expected vaccine results, with “90% or more” efficacy in blocking COVID-19 transmission, according to the company. Citi analysts see the vaccine news as a first major advance toward a post COVID-19 world economy.
Continue Reading
-

East vs. West: A Contrast in COVID-19 Outcomes

After a summer reprieve, the rise of a second wave of COVID-19 in US & Europe was widely anticipated. In comparison, COVID-19 infection rates have remained dramatically lower in much of Asia.
Continue Reading
-

Positioning in a New Economic Cycle

Despite near-term uncertainties (US election and risk of rising COVID-19 infections in winter), a supportive macroeconomic policy backdrop and better-prepared health sector suggest challenges may not be nearly as severe as COVID-19’s initial global shock. Citi’s Global Investment Committee thus increased its Overweight in Equities, increased its Underweight in Bonds. Gold and REITs remain Overweight while Cash remains Underweight.
Continue Reading