(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
Thought the market-bubble talk was over after Nvidia's latest earnings? Nobody told Ray Dalio.
The “lockup” narrative around direct indexing suggests tax benefits vanish after initial loss harvesting. Jerry Michael, President of Smartleaf, dismantles the myth by showing how direct indexes can deliver tax efficiency across every client milestone—from onboarding legacy positions to withdrawals, charitable giving, and rebalancing. The issue isn’t whether direct indexes work long term; it’s whether advisors understand tax management beyond loss harvesting alone.