Citi raises S&P 500 forecast, citing 'incessant Fed support'

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The front facade of the New York Stock Exchange is seen in New York City, New York, U.S., June 26, 2020.Citigroup just bumped up its year-end target for the S&P 500, citing "incessant" support of the Federal Reserve that's caused the market to blow past its previous forecast.

 

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Pro Everyone knows FED is creating a bubble and yet our entire government and all these hypocritical liberal CEOs just sit there and enable them. Don't worry libs, the silent republican CEOs suck too, but they don't pretend to give a crap about anything other than their pockets.

Pro How are these guys professionals? “incessant Fed support” has been the narrative for 2 months - yet they NOW say it because they were clearly wrong with their predictions prior. Nuts

Pro Sooo.. buy in but also short it?

Pro FEDcriminals Politicalenablers Permabullcharlatanmedia All will be lining up against the wall in due course

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