M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Bloomberg Markets on the retail- / energy-led surge in US bankruptcies. Among the reasons to monitor this going forward: It's an important indicator of the risk that short-term problems becoming longer-term structural challenges, including via unemployment, inequality and concentration; and Central banks cannot shield investors from losses resulting from bankruptcies. #economy #markets #retail #energy #unemployment #jobs #inequality #bankruptcies
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