[Citi: Global Stock Market Bubble Reaches Highest Level Since 2008, But Not Overheated Yet] According to a report by Jinse Finance on June 5, Citi's bear market warning indicator shows that the current level of bubble in the global stock market has reached its peak since the 2008 global financial crisis, but overall it has not entered an overheated state. The Citi research team, led by Beata Manthey, wrote that although global stock indices are approaching historical highs, the bank's Bear Market Checklist (BMC) has not signaled excessive market frenzy. Citi maintains a bullish outlook on the stock market for the year but remains cautious about rising risks. Strategists noted that historical patterns indicate that once the number of triggered warning items on the indicator breaks into double digits, subsequent movements often accelerate upward.