(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
Client requests for gold exposure often force advisors into uncomfortable portfolio compromises. WisdomTree Global CIO Jeremy Schwartz discusses how the firm’s GDE and GDMN funds use capital-efficient structures to layer gold futures onto equity positions, seeking to deliver comprehensive exposure without requiring advisors to liquidate existing holdings. The approach seeks to address a persistent challenge in portfolio construction.
Bitcoin tumbled more than 8% on Monday alongside crypto-related stocks, casting doubt on a year-end rally despite growing prospects of a Fed rate cut.