Bloomberg Surveillance · Thursday, September 3, 2026
Scott Cronin, Head of U.S. Equity Strategy at Citi, believes the path of least resistance is upward for equities into the end of the year. He suggests that markets need to get over the hump of current conditions, with the ongoing trend in oil prices being a key factor.
“Well, what I'm writing, Tom, and it's good to be on the show with Paul, is that we need to get through this. The way we're looking at the setup into year end is that we have to get over the hump on that. We need to look at the ongoing trend in oil prices. And the question comes up all the time on the midterms. But at the end of the day, we think the path of least resistance is up into the ride into the end of the year.”