Citi downgrades US equites and upgrades China equities ...Middle East

downgrading U.S. equities from "overweight" to "neutral" (Citi had been o'weight since October 2023, a good call)upgrading Chinese stocks to "overweight"

Citing 'at least' a pause in the 'U.S. exceptionalism' narrative.

says U.S. growth momentum will trail behind other global regionsU.S. stocks may regain their competitive edge once the narrative around artificial intelligence (AI) becomes dominant again

strength of China's tech industry, government support, and attractive valuations"DeepSeek" showcases China's technological advancements

Info via a Bloomberg report (gated).

This article was written by Eamonn Sheridan at www.forexlive.com.

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