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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 »
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 »
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 »