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☆ South Korean market "falls off the radar" in terms of attractiveness: investment strategist
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Korean market "falls off the radar" in terms of attractiveness: investment strategistKen Peng from Citi Global Wealth Investments evaluates the attractiveness of the South Korean market, saying that it "falls off the radar" when compared to Japan and India. He also gives his outlook on the Japanese market following the election shock.

Persons: Ken Peng Organizations: Citi Global Wealth Investments, South Locations: Japan, India

☆ Near-term outlook for Chinese economy is likely to be soft, says Citi's Nathan Sheets
▼ + stars: | 2024-10-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNear-term outlook for Chinese economy is likely to be soft, says Citi's Nathan SheetsNathan Sheets, Citi global chief economist, joins 'Money Movers' to discuss China's economic standing, the authorities' intent for economic policy, and much more.

Persons: Nathan Sheets Nathan Sheets Organizations: Citi

☆ Stocks like American Express may benefit as higher-income consumer remains strong
▼ + stars: | 2024-10-17 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +2 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. "This is a time when markets are distorted… the October period before US elections have usually been distorted," Wieting said on Worldwide Exchange. He says Home Depot (HD) and American Express (AXP) are stocks that will benefit from continued spending of higher income earners. "The higher end consumer is where you want to be right now," said Zaman on Worldwide Exchange.

Persons: Patience Steven Wieting, Wieting, Aadil, JB Hunt Organizations: PRO, Worldwide, U.S, Citi Global Wealth Investments, American Express, Wall Street Alliance, Vanguard, Big Tech, US Freight, American Trucking Association, East, CSX Locations: U.S, East Coast

☆ 'Fairly high probability' of another 50 bps rate cut, says Citi's Nathan Sheets
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Fairly high probability' of another 50 bps rate cut, says Citi's Nathan SheetsNathan Sheets, Citi global chief economist, joins 'Money Movers' to discuss what to watch for in the September jobs report, the outlook for the Fed, and more.

Persons: Nathan Sheets Nathan Sheets Organizations: Citi, Fed

☆ There's still a lot of capital that wants to come into this market, says Citi's Kristen Bitterly
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's still a lot of capital that wants to come into this market, says Citi's Kristen BitterlyKristen Bitterly, Citi Global Wealth at Work global head, joins 'Squawk Box' to discuss the latest market trends, the Fed's interest rate decision, state of the economy, and more.

Persons: Citi's Kristen, Kristen Organizations: Citi Global Wealth

☆ Nvidia is on an acquisition spree even as regulatory scrutiny heats up and AI M&A cools
▼ + stars: | 2024-08-05 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +5 min

According to public announcements, the firm has made four acquisition deals so far in 2024, exactly even with Nvidia's 2020 deal total. Nvidia declined to discuss its acquisition strategy for this report, citing a quiet period before it announces earnings on August 28. In May, Nvidia agreed to acquire Deci AI, another Israeli startup that makes tools for developers to build AI models, for $300 million. In July Nvidia competitor AMD announced an agreement to acquire Silo AI, a Finnish AI startup, for $655 million. And this quiet trickle of deals in various forms is unlikely to stop since the market for AI talent is so tight.

Persons: —, Nader Khalil, Colette Kress, Kress, it's, OpenAI, Paul Baier, GAI, Baier, Umesh Pavdal, Thomvest Organizations: Service, Nvidia, Microsoft, Department of Justice, Federal Trade Commission, Business, ARM, Softbank, Politico, Shoreline, LinkedIn, Citi Global, DOJ, FTC, Amazon, AMD, Silo Locations: Israeli, California, San Francisco, Finnish

☆ Wieting: Be careful investing as volatility in various sectors increases
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWieting: Be careful investing as volatility in various sectors increasesSteven Wieting, Chief Investment Strategist and Chief Economist at Citi Global Wealth Management Investments, discusses the new trading week and geopolitical uncertainty.

Persons: Steven Wieting Organizations: Investment, Citi Global Wealth Management Investments

☆ Fed is likely to start cutting rates in September, says Citi's Nathan Sheets
▼ + stars: | 2024-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed is likely to start cutting rates in September, says Citi's Nathan SheetsNathan Sheets, Citi global chief economist, joins 'Money Movers' to discuss the economist's thoughts on the Federal Reserve's rate path, what economic deterioration Sheets is expecting, and if there should've been more of an effort to consider rate cuts in July.

Persons: Nathan Sheets Nathan Sheets Organizations: Citi

☆ Markets expected to get a short-term boost after Trump survives shooting
▼ + stars: | 2024-07-15 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, U.S., July 13, 2024. Brendan Mcdermid | ReutersU.S. stocks are expected to get a short-term boost in the aftermath of the failed assassination of former president Donald Trump over the weekend, as analysts say the likelihood of his re-election in November has increased. "The events on Saturday, if they do anything, they strengthen the case for President Donald Trump to win the election in November. watch nowPolls showed Trump retaining his lead over President Joe Biden a day after the shooting at a Republican rally in Pennsylvania. "These events, as unfortunate as they are in terms of political change, do not really change the direction of global markets and the global economy," he said Monday.

Persons: Donald Trump, Brendan Mcdermid, Rob Casey, CNBC's, Trump, Casey, Brian Gardner, Joe Biden, Biden, Guillaume Menuet, It's Organizations: Reuters, Trump, Global Advisors, Republican, Democratic, BMI, Fitch Solutions, CNBC, EMEA, Citi Global Wealth Locations: Butler , Pennsylvania, U.S, Reuters U.S, Washington, Pennsylvania

☆ Markets will only focus on Trump assassination attempt for 'a couple of days,' strategist says
▼ + stars: | 2024-07-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets will only focus on Trump assassination attempt for 'a couple of days,' strategist saysGuillaume Menuet, EMEA head of investment strategy and economics at Citi Global Wealth, tells CNBC investors will only have a short-term focus on the shocking U.S. political developments.

Persons: Guillaume Menuet Organizations: Trump, Citi Global Wealth, CNBC

☆ Hedging is key strategy for investors in second half, says Citi Global Wealth's head of investments
▼ + stars: | 2024-07-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHedging is key strategy for investors in second half, says Citi Global Wealth's head of investmentsKris Bitterly, Citi Global Wealth head of investments, joins 'Fast Money' to talk investing playbooks for the second half of 2024.

Persons: Kris Organizations: Citi Global Wealth's, Citi Global Wealth

☆ Expect two rate cuts this year: Citi's Nathan Sheets
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect two rate cuts this year: Citi's Nathan SheetsNathan Sheets, Citi global chief economist, joins 'Money Movers' to discuss his expectations for Federal Reserve rate moves and concerns about delayed interest rate hikes.

Persons: Citi's Nathan Sheets Nathan Sheets Organizations: Citi, Federal

☆ Andy Sieg is quickly shaking up Citi's wealth business. At least 21 senior execs have left since his arrival.
▼ + stars: | 2024-06-10 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

But the leadership of its ailing wealth unit is continuing to undergo major changes under its new boss Andy Sieg. Citi's wealth unit has seen at least 21 senior executives exit since Merrill Lynch veteran Sieg joined in September. The latest is Julia Carreon, global head of wealth platform and experiences. Sieg also plans to expand Citi's already successful wealth business in Asia. Here is our running list of senior departures from Citi Wealth.

Persons: —, Andy Sieg, Merrill Lynch, Sieg, Julia Carreon, Naz Vahid, Carreon, David Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merrill, Don Plaus, Hale Behzadi, Dawn Nordberg, Morgan Stanley, Citi David, Francesco Bertoni, Alfonso Camacho Bustillo, Hoyt, Paul Hodes, Robert Hoffman, Keith Lee Hong, Li, Liu, Fernando Lopez Munoz, Alex Marshall, Eduardo Martinez Campos, Luigi Pigorini, Fernando Senso, Jeff Sutton, Naz, Vahid, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Service, Citi, Citi Wealth, Business, Bankers, Citi Global Wealth, North America, Francesco Bertoni EMEA, Hoyt Gier Global, South, Asia, Fernando Lopez Munoz Head, Tate, Eduardo Martinez Campos Head, Mark Mills Regional, Fernando Senso Castilla Global, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Paul Hodes Asia, South Asia, Keith Lee Hong Kong, Asia Pacific, Shyam Sambamurthy South Asia, Fernando Senso Castilla, America, West China, hcuccinello@businessinsider.com

☆ U.S. economy looks like 'mixed picture' despite resilience from consumer, says Citi's Nathan Sheets
▼ + stars: | 2024-05-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. economy looks like 'mixed picture' despite resilience from consumer, says Citi's Nathan SheetsNathan Sheets, Citi global chief economist, joins 'Money Movers' to discuss what grounds Citi to their previous forecasts, consumers who seem more price-sensitive, and more.

Persons: Nathan Sheets Nathan Sheets Organizations: U.S, Citi

☆ Earnings are the biggest driver of stocks, says Citi's Kristen Bitterly
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings are the biggest driver of stocks, says Citi's Kristen BitterlyKristen Bitterly, head of investment solutions at Citi Global Wealth, joins 'Closing Bell' to discuss the market rally's staying power, earnings power, and more.

Persons: Citi's Kristen, Kristen Organizations: Citi Global Wealth

☆ Entering a period with gradually weaker job gains, says Steven Wieting
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEntering a period with gradually weaker job gains, says Steven WietingSteven Wieting, Chief Investment Strategist and Chief Economist at Citi Global Wealth, discusses his expectations for the April jobs report.

Persons: Steven Wieting Steven Wieting Organizations: Investment, Citi Global Wealth

☆ Powell should be 'calm, cool, and collected' around rate decision, says Julia Coronado
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPowell should be 'calm, cool, and collected' around rate decision, says Julia CoronadoSubadra Rajappa, head of U.S. rates strategy at Societe Generale, Julia Coronado, founder of MacroPolicy Perspectives, Mike Remak, head of investments at Citi Global Wealth join CNBC's 'The Exchange' to share expectations from the Federal Reserve.

Persons: Powell, Julia Coronado Subadra Rajappa, Julia Coronado, Mike Remak Organizations: Societe Generale, Citi Global Wealth, Federal Reserve

☆ We're entering the second secular bull market for copper, says Citi's Max Layton
▼ + stars: | 2024-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're entering the second secular bull market for copper, says Citi's Max LaytonMax Layton, Citi global head of commodities research, joins 'Squawk Box' to discuss the latest oil and commodities price trends, impact of Middle East conflict, and more.

Persons: Citi's Max Layton Max Layton Organizations: Citi

☆ Andy Sieg is quickly shaking up Citi's wealth business. At least 11 senior execs have left since his arrival.
▼ + stars: | 2024-04-17 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Citi's wealth unit has seen at least 11 senior execs exit since Merrill Lynch veteran Sieg joined in September. The latest departure is David Bailin, chief investment officer for the global wealth division, who announced his departure on Monday. Sieg's mandate is to turn around the wealth business, which was barely profitable this past quarter. Sieg also plans to expand Citi's already successful wealth business in Asia. At least two other senior Asia executives have left.

Persons: Andy Sieg, Merrill Lynch, Sieg, David Bailin, Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merril Lynch, Don Plaus, Hale Behzadi, Citi David, Eduardo Martinez Campos, Keith Lee Hong, Fernando Lopez Munoz, Luigi Pigorni, Jeff Sutton, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Citi, Business, Bankers, Citi Wealth, Citi Global Wealth, North America, Eduardo Martinez Campos Head, Mark, Mark Mills Regional, Fernando Lopez Munoz Head, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Keith Lee Hong Kong, Mark Mills, Shyam Sambamurthy South Asia, America, West China, hcuccinello@businessinsider.com

☆ Economic growth and security risks historically coincide, says Steven Wieting
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic growth and security risks historically coincide, says Steven WietingSteven Wieting, Chief Investment Strategist and Chief Economist at Citi Global Wealth Investments, discusses the stock sell-off and rising geopolitical risks.

Persons: Steven Wieting Steven Wieting Organizations: Investment, Citi Global Wealth Investments

☆ March CPI still acceptably slower for Fed: Citi's Lucy Baldwin
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarch CPI still acceptably slower for Fed: Citi's Lucy BaldwinLucy Baldwin, Citi global head of research, joins 'Closing Bell' to discuss how Wednesday morning's CPI print impacted Baldwin's outlook, if Citi is bullish on stocks this year, and more.

Persons: Citi's Lucy Baldwin Lucy Baldwin Organizations: Citi

☆ Citi's Rob Sockin: Expect a U.S. recession this year
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCiti's Rob Sockin: Expect a U.S. recession this yearRob Sockin, Citi global economist, joins 'Money Movers' to discuss what feeds the lack of optimism for economic growth, if CPI data will settle the debate about a June rate cut, and more.

Persons: Rob Sockin Organizations: Citi

☆ Investors should seek opportunities both within yields and equities, says Citi's Kristen Bitterly
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should seek opportunities both within yields and equities, says Citi's Kristen BitterlyKristen Bitterly, Citi Global Wealth head of North America investments, joins 'Squawk Box' to discuss the latest market trends, why she's not concerned about the wild market action so far this month, why she likes the biotech sector, the fixed income market, and more.

Persons: Citi's Kristen, Kristen, she's Organizations: Investors, Citi Global Wealth Locations: North America

☆ Takeaways from blowout jobs report
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTakeaways from blowout jobs reportNathan Sheets, Citi global chief economist, joins ‘Money Movers' to discuss what the latest jobs report mean for the Fed, when can we expect rate cuts this year, and more.

Persons: Nathan Sheets Organizations: Citi

☆ Rates might drive correctioin into earnings season: Solus' Dan Greenhaus
▼ + stars: | 2024-04-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRates might drive correctioin into earnings season: Solus' Dan GreenhausDan Greenhaus, Solus Alternative Asset Management chief strategist, Lauren Goodwin, New York Life Investments economist, and Kristen Bitterly, head of investment solutions at Citi Global Wealth, join 'Closing Bell,' to discuss the markets, economy, labor market, and the Fed's next moves.

Persons: Solus, Dan Greenhaus Dan Greenhaus, Lauren Goodwin, Kristen Organizations: Asset Management, New York Life Investments, Citi Global Wealth Locations: New York

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