New Threads Only:  Add to Google Reader or Homepage
New Threads & Replies:  Add to Google Reader or Homepage
Forums are for serious investors only. GuruFocus Forum Rules.

Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic Search
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicSearchLog In
PIMCO's El-Erian Tells Investors Why Syria Matters to the Market
Posted by: Canadian Value (IP Logged)
Date: September 3, 2013 11:44AM


El-Erian provides three insights on Syria:

1) On a standalone basis, Syria is not that significant, as its oil production of 50,000 barrels a day is a rounding error in the grand scheme of things.

2) What Syria does have is massive network effects. The list of countries impacted by what goes on in Syria is a very long list (Israel, Iran, Iraq, Saudi Arabia, Bahrain, Turkey, etc.).

3) Syria will have a direct impact on the price of oil, which has a direct impact on growth in every country.




Stocks Discussed: SPY, DJI, QQQ,
Rate this post:

Rating: 4.0/5 (1 vote)





Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide