'At some point we're going to have to pivot,' said the Allianz chief economic advisor. 'But investors right now are just happy focusing on the short-term.'
"We are living in this wonderful world of liquidity," the Allianz chief economic advisor said on CNBC's "." "But be careful. There is an end at some stage. It's just very difficult to say when."
The first, he said, is "reconciling short-term favorable momentum with mounting medium term uncertainties." The second is investors adjusting their portfolios to include some risk mitigation that is still valued attractively. The liquidity in the stock market can be traced to consistently low bond yields and a Federal Reserve that's been keeping policy interest rates at historic lows since the 2008 financial crisis.on Friday for the first time since October. The 30-year bond yield was around 2.16%.was up about 3% year-to-date, following a 2019 that saw the index post an almost 29% advance for its best annual performance since 2013.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
El documental de Netflix de Taylor Swift ya casi está aquí. Mira el trailer de 'Miss Americana'No hay canciones de los primeros seis álbumes de estudio de Taylor Swift en el trailer de su documental de Netflix, 'Miss Americana', que se estrenará en Sundance.
Weiterlesen »
New ‘El Chapo’ Beer Readies for Release in MexicoIf you’ve ever dreamed of drinking like a drug lord… well, first, maybe clean up your dreams a bit, but second, now you can… at…
Weiterlesen »
EN VIVO: Presentación del Chicharito con el LA GalaxyHernández entrena este jueves por primera vez con el LA Galaxy en el Dignity Health Sports Park
Weiterlesen »
Man says he's the mystery hero from El Paso Walmart shooting: 'Very good possibility it's him'A man has come forward, saying he's the one who saved a baby from gunfire at a Walmart in El Paso. Police say there's a 'good possibility it's him.'
Weiterlesen »
Editorial: Los fantasmas de Rampart se ciernen sobre el último escándalo de pandillas en LAPDLas acusaciones de falsificación de datos del LAPD hacen eco del escándalo de Rampart y plantean preocupaciones sobre la cultura policial
Weiterlesen »