“Summer Of Shocks” – 6 Scenarios That El-Erian Sees Slamming Stocks
by Mohamed El-Erian, originally posted at Bloomberg.com,
ZeroHedge.com
Jun 13, 2016
Most agree that there is a limit to how far central banks can decouple asset prices from fundamentals. With an increasing number of billionaire investors from George Soros to Stan Druckenmiller calling for that reality gap to collapse (amid BofA’s “summer of shocks”), it is the timing of that convergence that matters — particularly when it comes to pinpointing events that could be catalysts for a correction….
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