Mohamed El-Erian says the Fed's inflation screwup will 'go down in history' — but he's using these 3 stocks to take advantage [Yahoo! Finance News]
PayPal Holdings, Inc. (PYPL)
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Source: Yahoo! Finance News
Mohamed El-Erian says the Fed's inflation screwup will 'go down in history' — but he's using these 3 stocks to take advantageIf a prominent economist is right, the Federal Reserve’s reaction to skyrocketing inflation is “going to go down in history as one of the worst inflation calls.”The Fed has said for months that inflation is a “transitory” trend triggered by the COVID-19 pandemic. Mohamed El-Erian, chief economic adviser at asset management firm Allianz SE, doesn’t agree."They got stuck on the narrative and held on to it for too long," El-Erian says in aninterviewFortunately, El-Erian has helped load his firm’s portfolio with several inflation-ready stock picks. If you’re looking for asafe way to invest your extra cashMicrosoftDANIEL CONSTANTE / ShutterstockIt may not get the publicity it once did, but Microsoft’s tech iseverywhereCloud computing is both the present and future of business. In companies of a certain size, it’s a must; they simply don’t have the option of cutting b
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News
- Payment cards continue to dominate e-commerce payments in Australia, reveals GlobalData [Yahoo! Finance]Yahoo! Finance
- Stripe Brings Back Crypto Payments on Platform With Stablecoins [BNN Bloomberg (Canada)]BNN Bloomberg
- Unlocking Q1 Potential of Paypal (PYPL): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Airwallex expands payment acceptance solution to the US [Yahoo! Finance]Yahoo! Finance
- Stripe Unlocks Its All-or-Nothing Payment Processing Approach [BNN Bloomberg (Canada)]BNN Bloomberg
PYPL
Earnings
- 2/7/24 - Beat
PYPL
Sec Filings
- 4/17/24 - Form PX14A6G
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- PYPL's page on the SEC website