Historically, August tends to be a quiet time for the markets, but the previous week proved to be quite the exception. We observed changing bond yields, tariffs, and the US debt reaching a monumental $40 trillion.
To help make sense of all these events, I have put together my newest weekly note. It offers a detailed review of recent shifts while also looking forward to a very important week on the horizon. Our focus will soon turn to the gathering at Jackson Hole, the latest numbers on PCE inflation, Nvidia's earnings release, and any potential yield-related announcements from the Treasury.
Please feel free to read the full update by using either of the two links provided below.
https://www.linkedin.com/pulse/weekly-look-global-economy-markets-mohamed-el-erian-l7u4c
https://mohamedelerian.substack.com/p/the-weekly-look-at-the-global-economy-52d
#economy #markets
To help make sense of all these events, I have put together my newest weekly note. It offers a detailed review of recent shifts while also looking forward to a very important week on the horizon. Our focus will soon turn to the gathering at Jackson Hole, the latest numbers on PCE inflation, Nvidia's earnings release, and any potential yield-related announcements from the Treasury.
Please feel free to read the full update by using either of the two links provided below.
https://www.linkedin.com/pulse/weekly-look-global-economy-markets-mohamed-el-erian-l7u4c
https://mohamedelerian.substack.com/p/the-weekly-look-at-the-global-economy-52d
#economy #markets