M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
While liquidity is very patchy and flows are v light, the immediate reaction of markets was to price in lower growth prospects. Futures are currently pointing to a 1% retreat for US stocks and up to 5% for oil. Will keep an eye out as Asia-Pacific and European markets trade. #markets #stocks #forex #equities #stockmarket #economy
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