According to a CNBC report on March 26th, as reported by BlockBeats, Citigroup Chief Investment Officer Kate Moore believes investors seem overly optimistic that the US-Iran issue is about to be resolved. She stated on Wednesday, "Some of the price volatility we've experienced, especially in the last two days, I think actually indicates a great deal of optimism that the issue will be resolved and that this energy shock won't trigger widespread inflation. Frankly, that worries me a little."
She added, "I want to be extremely careful in how we construct our portfolio. Because what we want to build right now is a portfolio that is resilient to risk, and we must also ensure that we can withstand the risks of inflation and conflict that may be more persistent than current market optimists anticipate."
