Citigroup Wealth Management Head: US Stocks Still Have "Some Upside Potential"

Andy Sieg, head of wealth management at Citigroup, stated that due to a record inflow of funds from wealthy clients this year, the U.S. stock market still has "some room to rise." Sieg said in an interview last week: "Currently, the market does not have that kind of frenzy, nor is there a situation where investors are 'madly throwing money' into stocks at the end of a bull market."