Stock-market rally looks ‘unsustainable’ as S&P 500 enters ‘new, lower valuation regime,’ warns Citi
January 17, 2023 at 13:30 PM EST
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.
