Citi tells rich clients to stop being so nervous about stocks
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A new report from the private bank rejects the idea that a recession is imminent.
Citigroup's private bank wants its clients to work on an attitude adjustment.
Next year will be "brighter than many expect," Citi Private Bank said in its 2020 outlook — "Staying Positive in a Negative (Yielding) World" — published Thursday. It rejects the idea that a recession is imminent.
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