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The Short and Long | 2026 Q4 Macro Investment Views

The Short and Long: Differentiated investment insights

22 Oct 2026

The Short and Long | CIO Weekly Bulletin

inflation

22 Oct 2026

Weekly Investment Insight

Investment Strategy

Weekly Spotlights

Chip Financing:
Separating Signal from Sentiment

22 Oct 2026

AI-related credit and equity markets are under renewed pressure as investors confront the scale of debt financing fueling the AI buildout, with neoclouds and chip financing at the center of selloff.Yet, beneath the headline volatility, a more differentiated picture emerges, one driven by underlying credit fundamentals and not short-term sentiment.

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China Macro Outlook 26H2-2027

15 Oct 2026


China rates are set to stay lower for longer. Foreign holdings of A-shares have held more steady than expected, though a K-shaped equity market may persist.




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Foreign Exchange

Investment Strategy

Weekly Spotlights

DXY often falls around yield peaks

22 Oct 2026


Citi Analysts assess whether US 10-year yields are nearing a peak. Their core findings remain broadly unchanged. Historically, a roll-over in front-end breakevens and oil prices is almost a necessary condition ahead of a yield top. On balance, Citi Analysts believe the near-term outlook for yields remains murky.

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CNY may continue to outperform
on non-USD crosses

15 Oct 2026

Export resilience and the lack of fiscal profligacy concerns allows the PBoC to strengthen its CNY trading band via its daily fixings. The medium to longer term outlook still potentially targets the 6.50-75 range in USDCNY while in the near term, CNY appreciation continues to be better reflected vs EUR, GBP, CHF and JPY.

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Citi Wealth CIO podcast is out!

The Short and Long Podcast is Citi Wealth's Chief Investment Office flagship podcast series. Hosted by Chief Investment Officer Kate Moore, each episode brings together professionals across markets, technology, and macroeconomics to deliver clear, timely perspectives on the forces shaping the investment landscape. Whether you are an investor, a business leader, or simply looking to better understand the markets, The Short and Long is our guide designed to help you navigate complexity with confidence and clarity.

Episode 4 : “Semiconductors: Navigating the AI Supercycle”

YouTube

Our fourth episode features two of the sharpest minds at the intersection of technology and markets: Adam Parker, founder of Trivariate Research and a former semiconductor analyst with three degrees in statistics, and Ankur Crawford, portfolio manager of a large-cap growth fund at Alger, a materials scientist by training and a former Intel engineer. Their conversation covers the questions every investor should be asking right now.

View full version of The Short and Long Podcast on YouTube, Apple or Spotify

Episode 3 : “AI, Quantum and Cybersecurity: From Breach to Resilience”

YouTube

In our third episode, Kate is joined by Fatima Boolani, Co-Head of Software Research at Citi and a leading expert in cyber software, and Anneka Gupta, Chief Product Officer at Rubrik, for a conversation on one of the most important and underappreciated risks in markets today — the accelerating threat of cyberattacks, and what AI, quantum computing, and agentic technology mean for the security of our data, our organizations, and our portfolios.

View full version of The Short and Long Podcast on YouTube, Apple or Spotify

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