Mohamed El-Erian says does not expect stocks to revisit the lows of March 2020

Author: Eamonn Sheridan | Category: News

Mohamed El-Erian speaking on the Reuters global markets forum: 

  • I do not expect US stocks to revisit the March lows"
  • suspect next big correction will likely be triggered by corporate defaults, other capital impairment events that central banks cannot shield against
  •  unlikely the Fed will take policy rates negative; Fed to stay near zero for "a long time"

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