Understanding the global business cycle, the excesses of fear or over-confidence
about the future, helps navigate through periods of feast and famine in financial
Steven Wieting is the Chief Investment Strategist and Chief Economist at the Private
Bank, heading our global strategy team which formulates our macro investment views
across all regions and asset classes. He chairs our Global
Investment Committee, which sets our tactical asset allocation.
In his capacity as Chief Economist, Steven provides detailed macroeconomic analysis
and advice across regions, utilizing Citi’s global platform and third-party
research to discover and define how clients can understand and invest in a complex
Before joining the Private Bank, Steven served as Citi Investment Research’s
head of economics for the US institutional equities business. He was responsible for
advising the firm’s institutional and government clients globally on macroeconomic
developments, forecasts and policy analysis. Steven has published extensively on demographic
and policy challenges with a focus on the implications for long-term asset market
performance. He has provided evidence for government policymakers assessing financial
During his time at Citi Research, Steven analyzed credit, commodity and foreign
exchange market influences while providing the firm’s US corporate earnings
forecasts and macro level equity market insights.
He was also economic advisor to the Morgan Stanley Smith Barney Global Investment
Committee until early 2013 and was a voting member of predecessor Asset Allocation
Committees at Salomon Smith Barney.
Steven was awarded an MS in Quantitative Economics at Bernard M Baruch College
and has also acquired credits towards a PhD in Economics at the City University Graduate
Citi Private Bank’s investment strategy team is made up of local strategists
based in Asia, Europe and the Americas, and is led by the Global Chief Strategist.
The team provides insights into key economic, political and market developments, and
evaluates the risks and opportunities to help form our tactical investment allocation.