Citi Strategists Say Buy the Dip in Stocks on ‘Healthy’ Returns

(Bloomberg) — It’s time to buy the dip in stocks, particularly in Europe and emerging markets, on their appealing valuations after a steep global selloff, according to strategists at Citigroup Inc.

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Strategists led by Robert Buckland said in a note that Citi’s bear market checklist is currently warning about only six out of 18 red flags, which compares with 13 red flags prior to the global financial crisis and 17.5 red flags before the 2000-2003 selloff. In the…

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