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The stock rally is no longer being driven by Trump optimism alone-Mohamed El-Erian

FinalytixMarket Outlook The stock rally is no longer being driven by Trump optimism alone-Mohamed El-Erian

The stock rally is no longer being driven by Trump optimism alone-Mohamed El-Erian

  • The stock market has been rising of late because too much money is chasing too few opportunities, Mohamed El-Erian says.
  • There’s a hope in the stock market that the liquidity trade hands off to the reflation trade, he says.
  • Such a move would play down the influence of central bank policies on the stock market, he adds.

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