The latest research note from CITI’s Richard Schellbach includes the firm’s “Multi-asset Investment Clock” which tells us we are now at 8 o’clock. What does that mean? Take a look.
So says Matthew Boesler (www.businessinsider.com) in edited excerpts from his original post*.
Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has edited the article below for length and clarity – see Editor’s Note at the bottom of the page. This paragraph must be included in any article re-posting to avoid copyright infringement.
Boesler goes on to say, in part:
According to Citi, [as the graph below shows] we are in the “sweet spot” for stocks. Schellbach writes, “Our place on the investment clock sits at 8 o’clock given we are now clearly past the period of falling interest rates, yet still not overly mature into the earnings recovery…Even as deep concerns remain over the developed world’s medium term growth outlook, risk assets should outperform.”
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Print this one out and maybe swap it with the clock on your wall if you’re not already on Citi time.
*http://www.businessinsider.com/citi-investment-clock-stocks-sweet-spot-2012-6#ixzz1yxFwVaDv (To access the above article please copy the URL and paste it into your browser.)
Editor’s Note: The above article may have been edited ([ ]), abridged (…), and reformatted (including the title, some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. The article’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article.
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