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Pimco, Citigroup Sound Complacency Alarm for Global Economy

Bloomberg business news

Aberdeen's Athey Says People Chasing Equities Higher

Two of the biggest hitters in financial markets are sounding warnings against complacency in the global economic outlook.

After the first week of 2018 saw strong data and multiple stock-market records, Citigroup Inc. and Pacific Investment Management Co. told clients in the last few days that there are still reasons to be worried.