Business and Finance
Business and Finance
Citi expects rally in global stocks to extend into 2025, sees 10% EPS growth
- Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.
Citi expects the rally in global stocks to extend into 2025, driven by a projected 10% earnings per share (EPS) growth for that year, following an 8% increase in 2024. This optimistic outlook is based on the anticipation of a soft economic landing in the U.S., where inflation is expected to decrease without triggering a recession. Citi's analysis suggests that the S&P 500 could reach 5,100 by the end of 2024, supported by a robust U.S. economy, potential rate cuts by the Federal Reserve, and a recovery in sectors like technology and industrials. However, the bank also warns of potential risks such as geopolitical tensions, a sudden economic downturn, or persistent high inflation which could disrupt this positive scenario.
Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/citi-expects-rally-global-stocks-extend-into-2025-sees-10-eps-growth-2025-01-10/ ]
Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/citi-expects-rally-global-stocks-extend-into-2025-sees-10-eps-growth-2025-01-10/ ]
Contributing Sources
Similar Business and Finance Articles
[ 08:40 AM ] - Business Insider
[ 01:00 PM ] - The Independent
[ 04:00 PM ] - Yahoo Finance