GREY:NEVDQ - Post by User
Post by
bogfiton Nov 28, 2023 6:00pm
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Post# 35757411
consensus forecasts are too optimistic
consensus forecasts are too optimistic about the global economy." - Mohamed El-Erian - Markets are overly optimistic about the economy next year, Mohamed El-Erian said in a CNBC interview.
- Meanwhile, November's rally was driven by Goldilocks data, lower yields, and lower oil prices.
- Those factors face headwinds, which means stocks may not see a repeat of this month's rally.