Doug Kass: Why I Remain Bearish [TheStreet.com]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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US:NYSE Investor Relations:
citigroup.com/citi/investor/pres.htm
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Source: TheStreet.com
More dovish (than expected) Fed comments contributed to a midday reversal in the averages in Wednesday's trading session. That party contributed to a 20-point reversal in the S&P 500 Index from the morning's lows. Tactically, I believe that the rally will be short lived and that, the current high end of the recent trading range (since early February), will prove to be difficult to overcome over the near term. My concerns are multiple. Most importantly, we are in an advanced economic and market cycle. The cracks in the foundation of global growth have already surfaced -- seen quite visibly in the submergence of the emerging markets over the last five weeks and the growing signs of ambiguity with regard to world wide economic growth (see this week's European PMIs, the two year low in Citigroup's European Economic Surprise Index and the downturn in the global economic Surprise Index). With interest rates and inflation rising and the Federal Reserve retreating from QE -- the liquidity tha
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C
News
- Citigroup Announces C$56.782 Million Redemption of 5.160% Fixed Rate / Floating Rate Subordinated Notes due 2027Business Wire
- Wall Street 'Partner' Like KFC's Colonel, Centerview Judge Says [BNN Bloomberg (Canada)]BNN Bloomberg
- Brazil's Eletrobras Gets Bondholders' OK to Sell Cteep Stake [BNN Bloomberg (Canada)]BNN Bloomberg
- Lufax Announces Annual General Meeting on May 30, 2024 and Filing of Its Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- Abu Dhabi Returns to Eurobond Markets as Lower Rates Grow Remote [Yahoo! Finance]Yahoo! Finance
C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 4/24/24 - Form 424B2
- 4/24/24 - Form 424B2
- 4/24/24 - Form FWP
- C's page on the SEC website