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Monetary Tightening & the End of the Risk-on Trade | Mohamed El-Erian
Hidden Forces
Is There a Big Policy Mistake?
In recent months you've made the case for more hawkish monetary policy. What would you say are the risk factors that concern markets in the economy right now? How do those risks relate to the federal reserves, current stanps on monetary policy and inflation? So my major concern is that we are witnessing a big policy mistake. We are in phase three of this policy mistake,. That Policy mistake will unduly harm the economy, undermine livelihoods and then also disrupt the market.
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