Has the stock market established a bottom? (Al Arabiya)

The Jan. 4 monster rally in risk assets, which saw major US stock indexes surge by 3 percent to 4 percent and the “risk-free” yield on 10-year US Treasuries rise by 11 basis points, was a stark illustration of the power of a favorable alignment of the trifecta of economic fundamentals, central bank liquidity and technical factors.

https://english.alarabiya.net/en/views/news/middle-east/2019/01/09/Has-the-stock-market-established-a-bottom-.html

Mohamed Aly El-Erian is an Egyptian American businessman. He is chief economic adviser at Allianz, the corporate parent of PIMCO where he served as CEO and co-chief investment officer. His twitter handle is @elerianm.

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