Rethink Holiday Plans and Buy U.S. Stocks Now, Citigroup Says
It’s time to buy equities again, according to Citigroup Inc. strategists encouraged by the resilience of corporate bonds in face of the recent stock slump.
Japan’s exports eked out a tiny gain in November, yet the longer-term outlook remains clouded by trade-war risks and easing demand in China.
The shares of SoftBank Group Corp.’s Japanese telecom business fell at the start of trading on the Tokyo Stock Exchange after Masayoshi Son raised more than $20 billion in an initial public offering.
Europe will be a loser should U.S.-China relations deteriorate further, even if some companies stand to benefit.