Posted 1/12/2024, 6:11:33 PM
Citi: Divergent Central Bank Policies, Sticky Inflation Risks Top 2024 Themes
- Delayed easing cycles and lingering inflation risks are top 2024 themes according to Citi
- Diverging central bank policies anticipated as some taper support while others maintain stimulus
- Broadening of earnings and markets expected beyond heavy reliance on large cap US growth stocks
- Risk of recession still looms as potential challenge to soft landing outlook
- Sticky goods and housing inflation could slow pace of disinflation relative to market expectations