So, here’s the juicy bit: Citi’s top dog, Stuart Kaiser, basically says the S&P 500 isn’t done partying yet—much to the horror of every bank executive who *didn’t* get in on the action. If you’re one of those investors who didn’t catch the rally, well, you might want to start rethinking your life choices. 😬
In an interview with CNBC (because where else would he spill this kind of tea?), Kaiser explained that the market’s on an absolute roll after some productive chitchat between China and the US. Stocks soared, and guess what? He’s convinced that this surge isn’t just a one-hit wonder.
“I think there’s still room to the upside,” Kaiser said, giving us the kind of confidence usually reserved for people who’ve already made millions. Basically, if you’re the type who’s still skeptical and wanting to short the market, Kaiser suggests you step aside and let the ‘emotionless’ buyers (aka, automated bots) take the reins. After all, they don’t care about your feelings. And to be fair, they’re probably doing better than you. 😏
His bullish take is based on the fact that *most* big institutions missed the memo and were busy doing literally anything else while the market soared. And now, they’re probably wishing they’d paid more attention. Oops. 🤦♂️
“I would not try to step in front of this rally,” he continued, offering some friendly advice. If you didn’t catch the rally (hello, FOMO), maybe just sit back and watch as the market continues to climb. After all, it’s not like there’s any clean way to play this game. The whole thing is a bit of a gamble, but, you know, *some* people are really good at it.
For context, Kaiser points out that all you really needed to do was be in the market for 60 minutes to grab the whole 17% rally. Sixty minutes. That’s less than a lunch break. If you missed that window, well, you’re in for a bit of regret. Not FOMO. More like “I missed out.” You know the vibe. 😬
The big question now is: will the market keep climbing, or will there be a juicy pullback for those brave enough to buy the dip? Only time will tell, but it looks like there’s more upside to come. If you’re still hoping for a pullback, better start hoping hard.
As of Tuesday’s close, the SPX is sitting pretty at 5,886. Not bad, huh?
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2025-05-14 18:32