M

Mohamed El-Erian

President at Queens'​ College, Cambridge

2417012 followers
This morning's sharp drop in the consumer sentiment--from 98.3 to 92.6--reinforces the theme of a leveling off of the US economic recovery. The latest data also constitutes another unfavorable miss relative to consensus expectations, taking the data surprise index more negative. #economy #US #consumption #consumerspending #markets …see more

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#economy #US #consumption #consumerspending #markets

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