Citi Wealth Director: US stocks still "have some room to rise"

Golden Finance reported that Andy Sieg, head of wealth management at Citigroup, stated that due to a record influx of funds from wealthy clients this year, the U.S. stock market still has “some room for rise.” Sieg mentioned in an interview last week: “Currently, there is no such frenzy in the market, nor is there the appearance of investors 'throwing money' into stocks at the end of a bull run.”