Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to "frothy" asset prices.
Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to "frothy" asset prices.
Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to "frothy" asset prices.
Citi expects world stocks to hover around current levels in 2021 and cuts U.S. equities to "neutral" as lockdowns induced by fresh waves of COVID infections roil global economies.