The Tell: Stock-market rally looks ‘unsustainable’ as S&P 500 enters ‘new, lower valuation regime,’ warns Citi

Cute couple in a city. Lady in a white dress. Pair sitting on a cafe

This year’s stock-market rally has pushed the S&P 500 to valuation levels that make it difficult for the index to climb much higher based on the current macroeconomic environment, according to Citigroup Inc. 

You might also like