Surveillance: Markets Are Pressing The Fed, El-Erian Says
Mohamed El-Erian, Bloomberg Opinion Columnist & Allianz Chief Economic Adviser describes how he thinks central banks are being held hostage by markets. Maddi Dessner, JPMorgan Asset Management Managing Director, says the U.S. consumer remains resilient in the wake of raising tariffs. Tony Dwyer, Canaccord Genuity Chief Market Strategist, says it's better to react to market conditions rather than try to anticipate the next move. Catherine Mann, Citi Global Chief Economist, says currency intervention does not have a lasting impact. And Mario Gabelli, GAMCO Investors CEO, weighs in on the TV streaming wars.
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