Citigroup: Investors Are Overly Optimistic About Imminent Resolution of US-Iran Issues

BlockBeatNews

BlockBeats 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 effects. Honestly, this makes me a bit worried.”

She added, “When it comes to building an investment portfolio, I want to be extremely cautious. Because what we want to construct now is a risk-resistant portfolio, and we must also ensure that we can withstand inflation risks and a conflict that could last longer than current market optimists expect.”

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