Citigroup's head of equity strategy, Beata Manthey, has expressed a bullish stance on global and emerging market equities, despite a year-long sell-off in the sector. She also mentioned that the bank has been buying tech stocks as fears of a US recession seem overblown. Manthey highlighted that emerging market stocks look very cheap, making them attractive to Citi's bargain hunters. She also mentioned that Citi has recently put an underweight weighting on energy stocks due to concerns over global growth in the face of sustained higher rates. However, she conceded that this call may be at risk due to the escalating conflict in Gaza, which could boost oil producers.