(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
The AI trade doesn’t start with semiconductors or hyperscalers—it starts with power. Pacer ETFs built its American Energy Infrastructure ETF (ticker: USAI) around the companies moving and producing the natural gas that data centers run on, wrapping midstream pipeline exposure and natural gas producers into a single, K-1-free ETF. With trillions in AI infrastructure spending on the horizon, Pacer makes the case for owning the fuel line not just the data center.
New York Federal Reserve President John Williams emphasized that escalating geopolitical tensions in the Middle East are introducing meaningful downside and upside risks to the U.S.