Citi the next to downgrade their outlook on US stocks ...Middle East

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As opposed to HSBC here yesterday, Citi is instead turning overweight on Chinese stocks. On the downgrade to US equities, well it's a bit late no? After yesterday's fall, the S&P 500 is down 4.5% year-to-date and the Nasdaq down 9.5% year-to-date.

This article was written by Justin Low at www.forexlive.com.

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