Citi Sees Another Year of Bull Market

Investing.com - The bull market is alive and well, so investors should keep buying the dips, according to City Research.The Wall Street firm expects global stocks to climb another 9% over the next 12 months, despite concerns about a trade war and higher interest rates.In a note to clients, Citi said the "U.S. growth outlook remains strong," thanks to attractive lending and fiscal stimulus. Those conditions support corporate earnings, which should drive stocks higher.Citi also upped its weighting on U.S. stocks from neutral to overweight.The firm said it saw few signs of a bear m arket but did warn that stocks had entered "the last part of the bull market."