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Until sentiment in the AI trade improves, Citi tells investors it’s better to sit out the global tech trade

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Until sentiment in the AI trade improves, Citi tells investors it’s better to sit out the global tech trade
Photo / Coverage: MarketWatch Top StoriesCredit: Jules Rimmer
EXECUTIVE SUMMARY

Despite recent weakness, Citi’s global strategy team thinks tech positioning needs to get cleaner before they would revert to their previous overweight stance.

Key Takeaways

  • Until sentiment in the AI trade improves, Citi tells investors it’s better to sit out the global tech trade.
  • Despite recent weakness, Citi’s global strategy team thinks tech positioning needs to get cleaner before they would revert to their previous overweight stance.
  • Despite recent weakness, Citi’s global strategy team thinks tech positioning needs to get cleaner before they would revert to their previous overweight stance.

Despite recent weakness, Citi’s global strategy team thinks tech positioning needs to get cleaner before they would revert to their previous overweight stance.

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