Strong fundamentals and resilient earnings growth make U.S. stocks a good buy: Citi Wealth

• Consumer-led growth remains strong, with housing activity constrained by supply rather than interest rates.
• Corporate capital expenditure (capex) is 'incredibly strong', supporting overall economic resilience.
• Earnings are expected to continue their positive trend, making U.S. large caps a quality anchor despite near-term volatility.
• Citi Wealth views market pullbacks and corrections as buying opportunities due to strong fundamentals and resilient earnings growth.

Citi Wealth's Jeanne Sun discusses the resilience of the U.S. economy, noting strong corporate capital expenditure and consumer spending despite high mortgage rates. She expects robust earnings to continue, leading to a 'pretty good' fourth quarter, and views market pullbacks as buying opportunities.