The Fed Is in The Midst of a 'Beautiful Normalization,' El-Erian Says

Bloomberg Surveillance

Mohamed El-Erian, a columnist at Bloomberg View, says the Fed is in the midst of a "beautiful normalization" and needs a team approach. Prior to that, Chuck Gabriel, founder of Capital Alpha Partners, says President Trump's deal with Democrats will only make tax reform harder. Finally, Jeffrey Solomon, president of Cowen and Co., says the research industry is at a point where excellence wins and mediocrity is eliminated. 

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2017-09-08 22 min Transcript

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