(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 boss of JP Morgan has said there are “cockroaches” in the debt markets in comments that will fuel concerns about the $3tn private credit industry.
Innovator ETFs has launched dual directional buffer funds designed to flip the script on market downturns. DDTS and DDFS aim to generate positive returns when the S&P 500 falls within their buffer zones (10% and 15%, respectively), while participating in market gains up to predetermined caps. These ETFs seek to democratize sophisticated institutional strategies, offering advisors daily liquidity, lower fees, and tax efficiency in an accessible wrapper that makes defined outcome investing available across client bases.