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2024-07-23 23:00:00 +0300

Citi’s Contrarian View on China: ‘Economy Is Turning the Corner’

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Bloomberg
By Michael P Regan

While China’s stock market has become somewhat of a pariah for global investors this year, Citigroup Inc. is taking a contrarian view with a bullish outlook for the nation’s equities even while favoring defensive stocks in the US.

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Shawn Snyder, head of investment strategy at Citi US Wealth Management, joined the “What Goes Up” podcast to discuss how the firm is sizing up investing opportunities amid an uncertain economic outlook. Below are condensed and lightly edited highlights of the conversation. Click here to listen to the full podcast, or subscribe on Apple Podcasts or wherever you listen.

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