Stock Traders Prepare Game Plan for Biggest Shakeup Since Brexit [BNN Bloomberg (Canada)]
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: BNN Bloomberg
Market strategists are gaming out election scenarios, with history showing UK equities trading relatively flat, or lower, during the first six months after wins for the ruling Conservatives. By contrast, stocks have historically strengthened about 6% following victories by the poll-leading Labour party, according to Citigroup Inc. strategists led by Beata Manthey. “The FTSE 250 has tended to outperform the FTSE 100 following elections, with stronger outperformance following Labour victories,” she said. “A mix of defensives and financials have tended to fare best post-election.” The winner of the July 4 ballot will have limited fiscal headroom and face scrutiny from bond vigilantes — as the short stint of Liz Truss as prime minister showed. Utilities took a beating after the election date announcement on Wednesday, while homebuilders saw a spike in volatility. Defense spending and sale of government stakes could be up for debate, while the status of proposed M&A — such as the si
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C
Earnings
- 4/12/24 - Beat
C
Sec Filings
- 6/14/24 - Form 424B2
- 6/14/24 - Form 424B2
- 6/14/24 - Form 424B2
- C's page on the SEC website