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market volatility prompts caution on stock investments amid tariff uncertainty
Citi Wealth's chief investment officer, Kate Moore, advises against investing more in stocks due to ongoing uncertainty from President Trump's tariff policies, which have caused market volatility. While she suggests holding onto existing stocks, the market is expected to remain in a trading range as economic indicators and consumer sentiment fluctuate. Recent data shows the S&P 500 is about 7% below its peak, with significant net equity sales reported by Bank of America amid concerns over trade policy and potential economic slowdown.
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