"Citi Strategist Forecasts Healthier Economic Growth, Dismisses 'Economic Collapse' Concerns"
Citi's chief investment strategist and chief economist, Steven Wieting, believes that the global economy does not require an "economic collapse" to address inflation and achieve sustainable growth. Despite concerns about slowing growth and declining inflation, Wieting remains optimistic, pointing out that the economy is not experiencing a true overheating or prolonged boom. He anticipates a healthier growth period in the coming year and beyond, emphasizing that the current challenges stem from excess government fiscal stimulus related to pandemic recovery, which is not expected to be repeated.