Citi: Investors are too optimistic that U.S. -Iran issues will be resolved soon

Citi chief investment officer Kate Moore believes investors seem too optimistic that the U.S. -Iran issue is about to be resolved. She said on Wednesday: "Some of the price swings we have experienced, especially over the past two days, I think actually show that there is a great deal of optimism that the problem can be solved and that this energy shock will not trigger widespread inflationary effects." To be honest, this worries me."<br /> She added: "I want to be extremely cautious about how to build a portfolio. Because what we want to build right now is a risk-resilient combination, and we must also ensure that we can withstand inflation risks and conflict risks that may be more protracted than current market optimists expect."