About this Video

• Video Title: Citigroup's Yeo: 'Don't Buy The Dip'
• Channel: Bloomberg Television
• Speakers: Citigroup's Yeo (Specific first name not provided in transcript)
• Duration: 00:19:38

Introduction

This Bloomberg Television interview features Citigroup's Yeo, who discusses current market volatility, investment strategies for wealth management clients, and Citigroup's plans for growth in the Asian market. The main purpose is to provide insight into current market conditions and offer advice for investors.

Key Takeaways

• Don't buy the dip: Given the current volatile market conditions and rapidly changing news cycles, Yeo advises against buying into market dips. Instead, she suggests staying the course with a long-term investment strategy.
• Focus on quality: Yeo emphasizes the importance of selecting high-quality corporate earnings when making investment decisions. This is consistent advice given across various market conditions.
• Portfolio rebalancing: Rebalancing portfolios with assets such as money market funds and short-term bonds is recommended to mitigate risk in the current volatile environment.
• Long-term perspective: Yeo stresses the importance of maintaining a long-term investment outlook rather than reacting to short-term market fluctuations. This strategy is paramount in wealth management.
• Growth in Asia: Citigroup is focusing on growth in Asia, particularly in wealth management, due to anticipated significant wealth creation in the region. They are leveraging their global network and local expertise.