M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
The contrast between US stocks and oil is even more pronounced at the close -- and for the reasons cited in the earlier post. Stocks ended essentially at their highs of the day and oil at its low (not seen since Feb 2002). Where we go in April and beyond will be interesting, including on account of: Post end-quarter portfolio re-balancing flows, and The massive destruction of oil supplies, especially non-traditional sources. #economy #markets #stocks #oil
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