Citi: Investors are overly optimistic that the US-Iran issue will be resolved soon
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Golden Ten Data reported on March 26th that, according to CNBC, Citi Chief Investment Officer Kate Moore believes investors seem overly optimistic, thinking the US-Iran issue is about to be resolved. She stated on Wednesday: "Some of the price volatility we've experienced, especially in the past two days, actually shows that people are extremely optimistic that the issue can be resolved, and also believe that this energy shock will not lead to widespread inflationary effects. Honestly, this makes me a bit worried." She added: "When it comes to building an investment portfolio, I hope to be extremely cautious. Because what we want to build now is a portfolio with risk resilience, and we must also ensure we can withstand inflation risks, as well as the potential for conflict risks to last longer than current market optimists expect."
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