Squawk on the Street SOTS 2nd Hour: Where The Fed Stands, How To Trade The Tech Tumble, & Apollo's Chief Economist 11/14/25
10 snips
Nov 14, 2025 
Mohamed El-Erian, Chief Economic Advisor at Allianz and market expert, shares insights on the Federal Reserve's mixed signals about interest rates. Torsten Slok, Chief Economist at Apollo Global Management, weighs in on inflation concerns and the Fed's cautious stance. Dan Ives, Head of Technology Research at Wedbush Securities, argues that the tech sell-off presents a buying opportunity, emphasizing the bullish potential of AI. The conversation also touches on Walmart's CEO transition and its implications for the retail landscape.
AI Snips
Chapters
Transcript
Episode notes
Fed Division Fuels Market Uncertainty
- Fed voters are split and signaling caution, leaving markets uncertain about a December cut.
- Several Fed officials suggest waiting for more data, complicating policy expectations.
Hawkish Fed Rationale For Standing Pat
- Kansas City Fed's Esther George (Schmidt) warned policy is modestly restrictive and opposed further cuts.
- He feared persistent inflation could become ingrained and argued policy should lean against demand growth.
Strategic Uncertainty Undermines Fed Signals
- Mohamed El-Erian argues the Fed lacks a strategic view on productivity and growth, making data unable to resolve divisions.
- He warns the narrative shifted from expected cuts to possible no cuts despite labor weakness.