M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
That disappointing economic news is treated as positive news by equity investors is not a surprise -- especially given how reliant markets are on stimulus liquidity. The immediate reaction of the US government bond markets to the jobs report is more notable: 10-year yields are higher and curves steeper. #markets #bonds #investing #equities #economy #stocks #jobs
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#equities
#economy
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#jobs