M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Early Morning Update Good morning. Another notable data day today including - Confirmation earlier this morning of German GDP contraction in both Q4-2019 and the 1st quarter of this year, with the latter much more pronounced, and - April US retail sales, out in under 90 minutes, attracting lots of attention. Meanwhile, US futures have been all over the place this early morning. Currently, they point to a down 200 point open down for the Dow, and 1% lower for the S&P. The yield on 10-year US government bonds is 2 bps lower, threatening to go below 0.60%. Oil prices are up 1%. Wishing you the best. #markets #stockmarket #stocks #equities #gdp #investing #dow #bonds #economy #investmentmanagement #germany #economy
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