Market Insights, Monthly Market Snapshots, Market Reactions, Weekly Market Update

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market outlook

Traveling to the Post-COVID World: New Portfolios for a New Economy

June 8, 2021

We are delighted to share with you the Citi Private Bank Mid-Year Outlook 2021, which presents their expectations for the global economy and markets for the rest of 2021 and beyond.

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market outlook

Market Outlook 2021
A New Beginning:
Investing in a Post-COVID World

December 2020

Most equity investors likely experienced solid gains this year on the back of massive advanced economy monetary and fiscal stimulus.

market outlook

Washington Watch: The Path to the Presidency

October 14, 2020

The path to the U.S. presidency is a long and arduous one. With the U.S. election on November 3rd quickly approaching, uncertainty remains elevated.

market outlook

June 2020

Shawn Snyder, Head of Investment Strategy, Citi Personal Wealth Management, discusses how to invest in this new economic cycle with Steven Wieting, Citi Private Bank’s Chief Investment Strategist and Chief Economist.

market outlook

Mid-Year Outlook 2020: A Changed World — Investing in the New Cycle

June 2020

market outlook

Outlook 2020: Back to the Future

January 2020

Advanced economy central banks traveled back in time and returned to their easy monetary policies of the past in order to save their future economic expansions. Combined with easing U.S. — China trade tensions, this led to a powerful equity market rally in 2019 with the MSCI All ...

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market outlook

Mid-Year Outlook 2019: Hope and Fear

July 2019

After a strong start to the year, financial markets are now being driven by both hope and fear. Hope that the U.S. can reach bi-lateral trade deals with key trading partners (China, Europe, Japan, etc.) and fear that the global economy may slow in the absence of such deals.

market outlook

Outlook 2019: Finding The Light

January 2019

One of Canadian singer-songwriter Leonard Cohen’s most beloved lyrics is that “There is a crack in everything, that’s how the light gets in.” With many asset classes struggling to post positive returns in 2018, we think that most investors would agree that there seems to be a ...

market outlook

Mid-Year Outlook 2018: Is this The End of “Easy”?

July 2018

The global economy remains on track, but appears a bit less synchronized. Growth in Europe has failed to match elevated expectations while the U.S. economy looks set to receive a boost from fiscal stimulus. Overall, Citi’s economists expect the global economy to advance by about ...

market reaction

The Delta Drop

July 19, 2021

For the past year or so, the winds have largely been blowing in one direction with both U.S. gross domestic product (GDP) and the S&P 500 experiencing a sharp V-shaped recovery. However, some crosswinds seem to be forming with modestly slowing economic growth and the COVID Delta ...

The Fed Sends a Signal

June 22, 2021

Back in early February, we wrote a piece claiming that if inflation continued to tack higher over time, then investors may start to debate whether or not a tapering of Fed asset purchases or a raising of interest rates could occur sooner than anticipated.

Goldilocks Can’t Find the Right Temperature

May 12, 2021

Right now, the bowl seems a bit too hot for investors’ liking. U.S. real gross domestic product (GDP) grew by an annualized rate of 6.4% in the first quarter of 2021, U.S. job openings surged to a record high of 8.1 million jobs in March, and the Consumer Price Index (CPI) ...

market reaction

Too Hot to Handle?

March 2, 2021

Rising U.S. Treasury yields took center stage last week, sparking a further rotation into value and cyclical stocks and out of Technology stocks. In the United States, the S&P 500 tumbled 2.5% while the Dow Jones slipped 1.8%. The tech-heavy NASDAQ, which is more sensitive to ...

The Great Inflation Debate

February 9, 2021

Stocks across most regions surged as market volatility fell and expectations of large U.S. fiscal stimulus rose. In the United States, both the S&P 500 jumped 4.7% - its best week since November. The NASDAQ surged 6.0%. Non-U.S. stocks also rose with European shares climbing ...

A Corner of Chaos

February 1, 2021

Financial market headlines have been dominated by the actions of a group of retail traders who have used social media to drive up the price of a handful of heavily shorted stocks. This phenomenon has caused a certain level of chaos in select corners of the market as the ...

Washington Watch: The Nation Waits…

November 5, 2020

The nation is collectively holding its breath while we wait for the results of the U.S. presidential election. However, the stock market is less patient and has moved in advance of the results.

market reaction

Unanswered Questions

October 5, 2020

Investors face a great deal of uncertainty right now with the U.S. presidential election quickly approaching. While it is hard to feel assured about the outcome, fiscal stimulus may act as a vaccine that provides financial markets with antibodies to risk.

Gravity Still Exists

September 9, 2020

Prior to the last few days, the saying that, “stocks always go up,” appeared to be gaining credence with the NASDAQ rallying an incredible 75.7% between March 23rd and September 2nd. However, gravity has once again reasserted itself and equity markets have been falling from ...

When Time Stands Still

March 31, 2020

For investors, forecasting the economic impact of the COVID-19 Novel Coronavirus is extremely difficult as the broad, purposeful shutdown of economic activity is unprecedented. As such, the dispersion of economic forecasts is extremely wide and represents a great deal of ...

An Unsurprising September Slump

September 2021

As expected, September was a rough months for stocks as investors digested early signs of monetary policy normalization, higher bond yields, and a heavy U.S. legislative agenda. On a global basis, stocks slid 4.3% in the month. In the U.S., the S&P 500 slipped 4.8%, but finished ...

monthly market snapshot

Seven Straight Months of S&P 500 Gains

August 2021

Despite investors’ concerns that a market correction may be nearing, the S&P 500 delivered its seventh straight month of consecutive gains in August. The wall of worry continues to be climbed.

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monthly market snapshot

Six Straight Months of S&P 500 Gains

July 2021

Investors experienced building crosswinds in July, but continued to drive equity indices higher. One of those crosswinds was the Covid Delta variant, which causes some investors to question whether or not the ongoing recovery might start to weaken.

monthly market snapshot

Growth Rebounds in June

June 2021

Investors reversed course in June with S&P 500 Growth stocks rallying 5.6% and S&P 500 Value stocks slipping 1.3%. Interestingly, both indices hit all-time highs in June. The NASDAQ surged 5.5% as investors fled back to comfortable positions as the Federal Reserve signaled that ...

Investors Bought In May

May 2021

The old market adage of "Sell in May and Go Away," did not happen. To the contrary, global equities actually rose 1.4% in the month. In the United States, the Dow Jones rallied 1.9% as cyclical shares rose while the NASDAQ slipped 1.5% as investors trimmed positions.

April Acceleration

April 2021

U.S. economic data have been coming in very strong with the economy growing by an annualized rate of 6.4% in the first quarter of 2021 and the labor market adding 916,000 jobs in March.

Rates March Higher

March 2021

Long-duration interest rates in the U.S. continued to climb higher in March. In the United States, the Dow Jones jumped 6.6% as confidence in the economic outlook gained steam.

February Frenzy

February 2021

Market activity has been frenzied over the past few weeks with heavily shorted stocks being whipsawed and bond yields surging. However, the MSCI All Country World Index still climbed 2.2% in February. In the United States, the S&P 500 gained 2.6% while the Dow Jones jumped 3.2% ...

January Tests Resolutions

January 2021

Financial markets are off to a bumpy start in early 2021 with stocks drifting lower across several regions. The MSCI All Country World Index, a broad measure of stocks globally, fell by 0.5% in January. However, this comes after a 17.3% rally in November and December. In the ...

2020 is Finally Over

December 2020

It’s over! It’s finally over! 2020 has officially come to an end and it is time to take stock of the annual performance of financial markets. The MSCI All Country World Index, a broad measure of stocks globally, rose by 14.3% in 2020.

Inflation is Here. Will it Stay for Dinner?

October 18, 2021

Stocks posted solid gains across most regions last week as strong bank earnings and a more stable 10-year U.S. Treasury yield bolstered risk sentiment

weekly market update

The Table Has Been Set

October 12, 2021

Stocks posted modest gains across most regions as U.S. lawmakers appeared on track to temporarily avert hitting the nation’s debt ceiling. In the U.S., the S&P 500 climbed 0.8% while the NASDAQ eked out a 0.1% gain.

weekly market update

D.C. Drama

October 4, 2021

Stocks were weak across the board last week with almost all regions trading lower as worries about a normalization in developed market monetary policy, persistent inflation, and political drama weighed on markets.

That Was Short-Lived

September 27, 2021

Globally, stocks were little changed after a volatile week with the MSCI All Country World Index eking out a 0.1% gain. In the U.S., the S&P 500 rose 0.5% while the Dow Jones climbed 0.6%. Emerging markets underperformed as Chinese shares tumbled further.

Pressure Builds

September 20, 2021

Globally, stocks fell for a second straight week with the MSCI All Country World Index falling another 1.0%. In the U.S., the S&P 500 slipped 0.6% while the Dow Jones Industrial Average fell just 0.1%. Shares in Japan outperformed slightly – rising 0.3%.

Should Investors Be Nervous?

September 13, 2021

Globally, stocks finished the week lower with the MSCI All Country World Index falling 1.2%. In the U.S., the S&P 500 dropped 1.7% while the Dow Jones Industrial Average slipped 2.2%. Shares in Japan surged 3.5% as investors bought beaten-down stocks. The 10-year U.S. Treasury ...

weekly market update

Taper Time?

August 23, 2021

Globally, stocks finished the week lower with the MSCI All Country World Index dropping 1.8%. In the U.S., the S&P 500 slipped 0.6% while the Dow Jones Industrial Average dipped 1.1%. Emerging markets plunged 4.6% as Chinese shares sank 7.8%. The 10-year U.S. Treasury yield was ...

The Three I’s

August 16, 2021

Globally, stocks finished the week higher with the MSCI All Country World Index climbing 0.7%. In the U.S., the S&P 500 climbed 0.7% while the Dow Jones Industrial Average rose 0.9%.

The Waiting Game

August 9, 2021

Globally, stocks finished the week higher with the MSCI All Country World Index rising 1.0%. In the U.S., the S&P 500 climbed 0.9% while the Dow Jones Industrial Average rose 0.8%.

The pressure is on for Powell and the Federal Reserve to manage the exit from ultra-easy policies

August 26, 2021

The Citi Economic Surprise Index, which measures actual data against Wall Street estimates, was at a record high in mid-July. But the index has now slumped to levels last seen in June 2020.

Watch Video on The pressure is on for Powell and the Federal Reserve to manage the exit from ultra-easy policies (03:26)

media & press

The Delta Variant gets blamed for everything in the markets: Strategist

August 18, 2021

Shawn Snyder, Citi U.S. Wealth Management Head of Investment Strategy joins the Yahoo Finance Live panel to discuss the latest market action.

Watch Video on The Delta Variant gets blamed for everything in the markets: Strategist (05:29)

media & press

Do you need to worry about a looming market correction? Here’s what experts say

August 11, 2021

Seeing the value of your holdings tumble can be anxiety producing. But market pullbacks are normal, and occur most years, says Shawn Snyder, head of investment strategy at Citi U.S. Wealth Management.

Preview of webinar video: Shawn Snyder at desk with charts

media & press

Jerome Powell’s hawkish tone on inflation takes the heat off Fed

June 30, 2021

Shawn Snyder, Citi U.S. Wealth Management Head of Investment Strategy, joins Yahoo Finance Live to discuss the Fed's view on inflation…

Watch Video on Jerome Powell’s hawkish tone on inflation takes the heat off Fed (06:01)

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media & press

Wall Street holds breath ahead of Fed statement, markets dip

June 16, 2021

Citi U.S. Wealth Management Head of Investment Strategy Shawn Snyder discusses market with Reuters.

media & press

Fed meeting: Investors will be looking for 'an upgrade to their language'

April 28, 2021

Citi U.S. Wealth Management Head of Investment Strategy Shawn Snyder joins Yahoo Finance Live to discuss the latest market action.

Watch Video on Fed meeting: Investors will be looking for 'an upgrade to their language' (06:02)

media & press

Citi Advises Investors Not to Get ‘Emotional’ Ahead of the Election

September 29, 2020

Shawn Snyder, Head of Investment Strategy at Citi Personal Wealth Management, joined Cheddar to discuss why investors should care more about a stimulus deal than the next president.

Watch Video on Citi Advises Investors Not to Get ‘Emotional’ Ahead of the Election (8:35)

media & press

It's Looking Like It'll Be a V-shaped Recovery for Stocks: Strategist

April 30, 2020

Head of Investment Strategy at Citi Personal Wealth Management Shawn Snyder joins Yahoo Finance’s Seana Smith to discuss the latest market action amid volatility surrounding the coronavirus crisis.

Watch Video on It's Looking Like It'll Be a V-shaped Recovery for Stocks: Strategist (5:02)

webcast

June 17, 2021

Join Shawn Snyder, Head of Investment Strategy, Citi U.S. Wealth Management, and Joe Fiorica, Global Head of Equity Strategy, Citi Private Bank.

webcast

2021 Mid-Year Outlook - Traveling to the post-COVID world: New portfolios for a new economy.

June 3, 2021

David Bailin, Global Head of Investments and Chief Investment Officer & Steven Wieting Chief Investment Strategist and Chief Economist

Watch Video on 2021 Mid-Year Outlook - Traveling to the post-COVID world: New portfolios for a <span class="nowrap">new economy.</span> (61:10)

webcast

Yields Have More Room to Rise

March 26, 2021

Shawn Snyder joins the Bloomberg “What Goes Up” podcast to discuss what caused yields to cool off and what to expect next.

Watch Video on Yields Have More Room <span class="nowrap">to Rise</span> (35:39)

webcast

January 21, 2021

webcast

November 5, 2020

What will the results of the U.S. election mean for financial markets, the economy, and your personal finances? Shawn Snyder, Head of Investment Strategy, Citi Personal Wealth Management, and Bill Rys, Managing Director of Federal Government Affairs, Citigroup, will offer their insights.

webcast

October 20, 2020

Shawn Snyder, Head of Investment Strategy, Citi Personal Wealth Management, and Bill Rys, Managing Director of Federal Government Affairs, Citigroup, share their thoughts on the potential policy implications.

webcast

Falling Oil Prices, Yields & Stocks: What to Expect Next

March 12, 2020

Watch Video on Falling Oil Prices, Yields & Stocks: What to Expect Next (63:08)

Preview of webinar video: Shawn Snyder at desk

webcast

An Update on the Coronavirus and the U.S. Primary Season

February 2020

Watch Video on An Update on the Coronavirus and the U.S. Primary Season (58:19)

The Year Ahead - How to Navigate Volatile Markets and the New Tax Laws title screen

webcast

The Year Ahead: How to Navigate Both Volatile Markets and the New Tax Laws

January 2020

Watch Video on The Year Ahead: How to Navigate Both Volatile Markets and the New Tax Laws (61:04)

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2021 Mid-Year Outlook on U.S. Markets

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Webcast: Mid-Year Outlook 2020: A Changed World