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Watch Out Below, Citi Cuts 2016 Global Growth Forecast Even Lower
Friday, September 25, 2015 - 2:09pm | 359Read More...Citi has issued its fourth consecutive cut to its 2016 global growth forecast. The firm believes that emerging market weakness is merely a mid-cycle slowdown and not a major downturn. Citi now projects the first Fed rate hike will come in spring of 2016. Citi Research has once again cut its...
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Citi Sees 55% Chance Of Global Recession
Thursday, September 10, 2015 - 2:58pm | 407Read More...Citi’s Global Economics Team sees a 55 percent chance of a global recession in the next couple of years. Recessions are a normal part of capitalist market cycles. Although Citi expects the next recession to be moderate, emerging market financial crises and/or global protectionism could make...
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Citi: Fear A Grexit, But Prepare For 'Grimbo'
Monday, July 6, 2015 - 7:46am | 313Read More...Citi analysts responded to this weekend's Greece events by noting that they feared a Grexit, but were "preparing for Grimbo." What this looks like, according to Citi Analyst Willem Buiter, is a prolonged period where early elections are triggered by further failed negotiations. The...
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Bloomberg: Citigroup Chief Economist Willem Buiter Says "Time Runnning Out" On Europe Crisis
Wednesday, November 16, 2011 - 4:35pm | 1008Read More...Willem Buiter, Citigroup's Chief Economist, spoke with Bloomberg Television's Tom Keene today about the crisis in Europe. Buiter said that "time is running out fast" and that "it could be weeks, it could be days, before there is a material risk of a fundamentally unnecessary default by a country...
