M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Understandably, US markets found it hard to sidestep carnage in the oil markets: Major indices ended the session down 2.7-3.5% (the chart for the Dow is below). High yield bonds also got hit hard. The (CDX--below) spread widened to over 681 bps, or some 150 bps wider than the Fed-induced lows. #markets #bonds #stocks #bonds #stockmarket #equities #investing #economy #selloff #volatility #investmentmanagement
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#bonds
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#equities
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#economy
#selloff
#volatility
#investmentmanagement