‘The market is not the economy’ and the stock market’s July rally was premature, says top economist Mohamed El-Erian

Hello This post ‘The market is not the economy’ and the stock market’s July rally was premature, says top economist Mohamed El-Erian was first posted on Naijaonpoint.com.ng and is written by Mark Dennis.

Mohamed El-ArianPhoto by Rob Kim/Getty Images The recent stock market rally is in sync with economic data, says Mohamed El-Erian. “The market is not the economy,” El-Erian said, noting that the global economic outlook remains gloomy. He attributed the rally to a remark by Powell that led investors to believe the Fed would soon slow […]

Hello This post ‘The market is not the economy’ and the stock market’s July rally was premature, says top economist Mohamed El-Erian was first posted on Naijaonpoint.com.ng and is written by Mark Dennis.

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