A year ago, Citigroup strategist accurately predicted the rise of European stocks, now sounding the profit warning.

According to the Securities Times APP, a year ago, Beata Manthey, the head of equity strategy at Citigroup Europe, was one of the few investors bullish on the European stock market. However, now, as European stocks are set to achieve their best performance in four years, this strategist warns that further gains in European stocks will depend on whether profit expectations can maintain a delicate balance. She stated that future market gains may be threatened by unstable profit prospects. She believes that current market pricing is overly optimistic, and if companies fail to meet profit expectations, stock prices may correct downwards.