M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
More of the same early in the US trading session: Continued stock market volatility and NASDAQ relative out-performance (see charts below). Many are wondering why the same well-telegraphed health-related news was shrugged aside yesterday by markets yesterday but leading them lower today. Part of the answers lies in the tug-of-war between technicals and fundamentals and, more generally, the markets current lack of anchor(s). #markets #trading #economy #health #covid #investing #investors #stocks
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