"Inflation not a concern for equities: Citi's Drew Pettit"

Equity Insights from Citi

Drew Pettit, a U.S. equity strategist at Citi, discussed the current dynamics of Treasury yields and the overall strength of the economy on ‘The Exchange’. He emphasized that recent inflation levels are not posing a significant threat to equities, indicating confidence in market resilience.

Treasury Yields Trends

Pettit noted that movements in Treasury yields are closely watched by investors, as they can influence equity markets. He highlighted that despite fluctuations, the underlying economic indicators remain robust, supporting a positive outlook for stocks.

Market Confidence

Citi’s analysis suggests that investors should maintain confidence in equities, even amidst discussions about inflation. Pettit reassured that current economic conditions are conducive for growth, suggesting a potential for continued performance in the stock market.