MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Why markets aren't in chaos amid escalating tensions with Iran: El-Erian

johnNjohnN
edited January 2020 in The Bullpen
https://www.foxbusiness.com/markets/iran-tensions-markets-not-in-chaos-why-el-erian

Why markets aren't in chaos amid escalating tensions with Iran: El-Erian

Markets have been unexpectedly calm amid escalating tensions in the Middle East following the killing of Iranian Gen. Qassim Soleimani, head of the Islamic Revolutionary Guard Corps' (IRGC) elite Quds Force.

"What's really interesting for people like me is how relatively muted the moves are," said Mohamed El-Erian, chief economic adviser at the Frankfurt-based Allianz Global Investors. "You would have expected a bigger selloff, and that reflects the difficulty of pricing in what happens next, what is it, when, so what?"



we bought a little of GLD and Energy today
Sign In or Register to comment.