Systemic Risk Falls in the US and Europe: Citi

Citigroup Inc. (NYSE:C) continues to be quite bullish on global equities, with their economists and equity strategists predicting strong growth and encouraging people to take on more risk as systemic risk continues to decrease in a recent report from Chris Montagu, Liz Dinh, Javier Guardo and others.

Citigroup Inc. (NYSE:C) predicts that real global GDP growth will go from 2.5 percent to 3.2 percent in 2014, and that the U.K. and Eurozone will also accelerate, from 1.4 percent in 2013 to 3.0 percent in 2014 and from -0.3 percent to 0.7 percent respectively in recent forecasts. The Citi team also thinks that there is an 18 percent upside to global equity markets next year. “Financials are...