Yahoo Finance Live examines Citi's forecasts warning on Southwest Airlines Q4 capex, tied to new pilot wages and elevated travel costs.
NEW YORK, December 08, 2022--Citi Global Wealth Investments (CGWI) today released its Wealth Outlook 2023 (Outlook) report, titled Roadmap to Recovery: Portfolios to Anticipate Opportunities. Published twice yearly, Outlook provides in-depth insights into the global economy and financial markets for the year ahead and beyond. The latest edition’s title reflects the investing journey that CGWI envisions and the steps that investors should consider diversifying their portfolios.
Citigroup (C) expects trading revenues to increase 10% in the fourth quarter of 2022. Investment banking fees will decline 60%.