Economist Claims Investors Should Expect Volatile Stock Market in 20195

Following the recent downturn in the US stock market, investors have now bore witness to wild market volatility, the likes of which haven’t been seen in years. Although the markets are ending 2018 on a less-than-positive note, one prominent economist now claims that massive daily price swings will become a new reality for the markets in 2019.

The recent comments came from Mohammed El-Erian, the chief economic advisor at Allianz SE, during an interview with Fox News Sunday on December 30th. El-Erian importantly noted that although the markets may see increased volatility in the near-term, concerns regarding a US recession are overblown, and the economy will likely continue to grow at a strong and steady rate.

Original source

Add comment

Please Sign in to be able to leave comments.