M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
In the last few weeks, US stocks have risen in reaction to key jobless claims that have been BOTH much worse than consensus expectations and, today, better/in line with them. Possible explanations: Markets are Dismissing fundamentals; Looking through the short-term; and/or Are confident of a Fed Put. Your thoughts? #economy #Fed #markets #stocks #bonds #equities #stockmarket #investing
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