Citigroup is a leading global financial services company that provides a wide range of financial products and services to consumers, corporations, governments, and institutions around the world
It operates through various segments, including global consumer banking, institutional clients, and treasury and securities services. The firm offers services such as investment banking, wealth management, credit cards, loans, and other financial solutions, leveraging its extensive international presence and a deep understanding of diverse markets to facilitate transactions and support clients' financial needs. Through its commitment to innovation and customer service, Citigroup aims to help clients thrive in an increasingly complex financial landscape.
Amazon is bouncing back after a 20% sell-off. Strong earnings, analyst support and bullish technicals suggest the next move could take it past all-time highs.
According to a CNBC report, Wells Fargo analyst Mike Mayo noted that Citi is well positioned to navigate any headwinds from the tariffs given its success navigating the first round of duties during Donald Trump’s first term.
The thesis holds that a multi-decade super cycle Credit Bubble - over recent years succumbing to “terminal phase excess” - has turned increasingly fragile. Q4 2024 Z.1 data from the Federal Reserve corroborate the analysis.
