El Erian is a loser. He often talks like a generalized worded politician. Lest you forget he got his ass booted out of PIMCO for a reason. Guess the reason?
elerianm knows his stuff. I always listen when he has something to say.
Other countries will have to make moves to grow their own economies. They will not remain in a static position. How much they are able to accomplish is the question.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
El-Erian: Fed chief Jerome Powell is trying to break the market's central bank 'co-dependence'Powell would likely say 'it's about time the markets stand on their own feet' in response to stocks sinking Wednesday following his press conference, economist Mohamed El-Erian says. elerianm His dual mandate is intrinsically linked with the overall health of US equity markets. elerianm The markets have been thriving on the sugar rush from the high levels of cheap liquidity. This is the crash from that rush. elerianm I wonder if it occurs to anyone both how futile and stupid that is. The Fed's mandate is to effect both inflation and unemployment which the market is very interested in and affected by.
Source: CNBC - 🏆 12. / 72 Read more »
The pressure on business leaders to attend Saudi conference is 'mixed', says Allianz's El-Erian'What I find fascinating, is the market reaction, it's not that much,' elerianm comments on the Saudi investigation into the Khashoggi case and pressure on business leaders to attend next week's Saudi investment conference. elerianm The fact Mohammed doesn't discuss the dangers of negative interest rate sovereign paper erodes his credibility elerianm 🌆📼🔡📢📣📢🔤📢⛪⛪
Source: CNBC - 🏆 12. / 72 Read more »
Mohamed El-Erian: Stock market sell-off won't stop the Fed from hiking ratesInvestors just have to get used to the fact that the market will be based on fundamentals and not Fed policy, says Mohamed El-Erian And it shouldn't. Ultra low rates are simply storing up problems for the future. A correction is a positive thing, pe's are too high to be sustainable! Fed's job is not to hold your hands and float your portfolio. Start getting burnt and learn how to properly do stock valuation now.
Source: CNBC - 🏆 12. / 72 Read more »
Mohamed El-Erian: Stock market rout will not derail further Fed rate hikesWanna bet? 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻
Source: MarketWatch - 🏆 3. / 97 Read more »
Global stock market sell-off won't stop the Fed from hiking interest rates, El-Erian saysA recent global stock market sell-off won't be enough to persuade the U.S. central bank to stop raising interest rates, noted economist Mohamed El-Erian told CNBC on Wednesday. Vote humanity, Vote one world, Vote yourself... Welcome to 2030, 🌎 Kash2030 has already changed the World forever. ▶︎ Watch the video… Trump will blame them. And Trumpians will follow. Haha yea. Their mandate is built around the stock market. This slide keep going then they will have to act. No hikes next year or December. Stamp it.
Source: CNBC - 🏆 12. / 72 Read more »