Citibank is Cutting 900 Jobs
“Citigroup is planning to cut 900 jobs in its securities and banking division and may cut a total of more than 3,000 in response to the global economic slowdown that has hit the financial sector hard, according to people familiar with the situation…”
The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.
This report tells why, and what to look for in the data and the markets. GO TO THE POST