Bull market not dead yet, says Citi

Original article by Jessica Sier
The Australian Financial Review – Page: 27 : 7-Jan-16

Citigroup is upbeat about the outlook for international shares in 2016, forecasting that global equities will gain 12 per cent. However, the investment bank says the Federal Reserve’s recent move to begin tightening monetary policy means other sharemarkets may offer more value for investors than US equities, particularly stocks in Japan and continental Europe. Citigroup also forecasts that Australia will record GDP growth of 2.75 per cent in 2016.

CORPORATES
CITIGROUP INCORPORATED, CITIGROUP PTY LTD, UNITED STATES. FEDERAL RESERVE BOARD

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