Asking for yield target for back half of year
David
Mohamed El-Erian
Expects yields going back towards 4-4.5%, with average closer to 4.5% than 4%
Asking about software stocks with crushed multiples and whether there's opportunity or need for caution
David
Mohamed El-Erian
Market now defined by volatility, dispersion, fragmentation; recommends bottom-up stock picking
Asking if volatility tied to AI bifurcation or geopolitics with US-Iran talks
David
Mohamed El-Erian
Volatility tied to both AI and geo-economics; market outcomes increasingly driven by national security and politics rather than economic logic