(The Global Herald) - Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, joins CNBC’s ‘Squawk Box’ to discuss Binance’s planned acquisition of crypto exchange FTX, what the midterm election results mean for the economy, and more.
Link to video:
https://theglobalherald.com/news/the-fed-cannot-step-in-to-provide-stimulus-this-time-says-mohamed-el-erian/
By News Desk
High-net-worth clients want tax-focused advice, but many advisors struggle to demonstrate measurable value. Envestnet’s tax overlay service aims to bridge the gap with automated strategies that seek to eliminate short-term gains, calibrate loss harvesting to individual circumstances, and provide transparent reporting. Erik Preus, Group Head of Investment Solutions at Envestnet, explains how the platform can help advisors scale tax management while maintaining the personalization wealthy clients demand.
The Federal Reserve appears to have finally turned the corner on a three-year-long string of unprecedented loss-making.