El-Erian Warns Emergency Fed Rate Cut Would Be a Mistake
20,622
Published 2024-08-05
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All Comments (21)
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Like how he can explain everything logically in sequence.
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Rate cuts should not happen right now as we need much more downfall, coz if it falls very bad then and then only there will be upward trend and will feel the boom again...
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The FED isn’t gonna cut because the market dropped 12%
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it depends, if you see a continued loss and downtown in stocks, then the fed has to intervene. But if stocks stabilize and the fed does a suprise cut, then it would cause another crash
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Welcome fellow bagholders! 😊 Who woulda tougth buying all time highs couldn't backfire anytime soon🎉
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Agree. Powell should raise rates, real inflation is way higher than fudged 3% CPI, financial assets way overvalued. But the Fed will stand pat until after the election, that is the safe politically acceptable move. I'm sure Powell already had a canned speech of mumbo-jumbo to give in September. Doing nothing does no harm except to freak out Wall Street pirates.
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No one better than Mohammed.
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So I finally heard what Dimond Italians and Latinos been saying you lower rates we pulling cash out of banks. I DARE YOU
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The Wiseman lives by his means but not if the crooked men raise and price gouge every food on earth
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Debts, debts, and astronomical amount of debts. Margin calls!
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✅
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All I’ve heard from him for a year is the fed needs to cut and it would be a mistake to stay higher for longer. Now he doesn’t want a cut? I’m sorry but can someone fill the gap.
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I haven’t learned El Erian said something meaningful except common sense.
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He was originally telling them they should have cut earlier Now he is saying it would be a mistake. I think i will stop trusting his comments
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El-Erian can't make up his mind.
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Emergency rate cut is needed. It is a must.
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He’s Mexican 🤔
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Mr. Doom and gloom
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KkKamalas economy. Prepare for worse
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Yo Mohammed.. Jesus is coming
