Worthwhile interview with Mohamed El-Erian
Posted: Sat May 23, 2020 4:27 pm
Thought this was 15 minutes well-spent. Recorded April 30th but quite up-to-date in its market analysis. El-Erian strikes me as being properly concerned by the Fed's ongoing buying of risky bonds and fully aware of what the effects of money printing.
His closing comments about stocks underline the value of sticking with the PP's TSM allocation going forward.
https://www.youtube.com/watch?v=G9HvukE56yM
His closing comments about stocks underline the value of sticking with the PP's TSM allocation going forward.
https://www.youtube.com/watch?v=G9HvukE56yM