##  [# Hot Reads: El-Erian on What the Fed Must Do](/sections/daily-hot-reads/hot-reads-el-erian-what-fed-must-do) 

 

# Hot Reads: El-Erian on What the Fed Must Do

 

 

 Plus, a new acronym could replace FAANG.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Sep 06, 2022

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

[**El-Erian: Fed Must Do 2 Things to Reestablish Credibility**](https://www.cnbc.com/2022/09/02/the-fed-must-do-two-things-to-re-establish-credibility-allianzs-el-erian-says.html "https://www.cnbc.com/2022/09/02/the-fed-must-do-two-things-to-re-establish-credibility-allianzs-el-erian-says.html") (CNBC)  
 Allianz's chief economic advisor says the Fed needs to explain to the marketplace why it got its analysis so wrong.

**[Is MATANA the New FAANG?](https://finance.yahoo.com/news/tech-stocks-matana-is-the-new-faang-analyst-says-145511543.html "https://finance.yahoo.com/news/tech-stocks-matana-is-the-new-faang-analyst-says-145511543.html")** (Yahoo Finance)  
 Microsoft, Apple, Tesla, Alpha, Nvidia and Amazon might be the new group at the top of the big tech food chain.

**[Roubini: An Epic Market Crash Likely](https://markets.businessinsider.com/news/stocks/nouriel-roubini-economy-inflation-unemployment-recession-stagflation-stock-market-crash-2022-9 "https://markets.businessinsider.com/news/stocks/nouriel-roubini-economy-inflation-unemployment-recession-stagflation-stock-market-crash-2022-9")** (Markets Insider)  
 "Dr. Doom" fears a toxic combination of inflation, unemployment and recession.

**[Copper as an Economic Indicator](https://www.institutionalinvestor.com/article/b1zlc2qr2vxyrk/copper-as-an-economic-indicator "https://www.institutionalinvestor.com/article/b1zlc2qr2vxyrk/copper-as-an-economic-indicator")** (Institutional Investor)  
 Increased demand for the metal typically indicates a growing economy, just as a drop in demand can suggest an economic slowdown.

**[ESG Crown Is Slipping](https://www.bloomberg.com/news/articles/2022-09-02/esg-funds-face-reckoning-as-bear-market-slows-investing "https://www.bloomberg.com/news/articles/2022-09-02/esg-funds-face-reckoning-as-bear-market-slows-investing")** (Bloomberg)  
 Plain vanilla stock and bond funds are doing better than socially responsible ones.

**[How a Mutual Fund Conversion to an ETF Works](https://www.wsj.com/articles/mutual-fund-etf-conversion-taxes-11662062453 "https://www.wsj.com/articles/mutual-fund-etf-conversion-taxes-11662062453")** (The Wall Street Journal)  
 Fund investors can benefit, but they should be aware of the possible tax implications.

**[UBS Scraps $1.4B Takeover of Robo Advisor Wealthfront](https://www.ft.com/content/50e6b683-7d51-4746-b7e8-707bf9bb01e6 "https://www.ft.com/content/50e6b683-7d51-4746-b7e8-707bf9bb01e6")** (Financial Times)  
 The deal announced in January would have grown the Swiss bank's presence in U.S. wealth management.

**[Should Investors Be Afraid of a Down Market?](https://www.kiplinger.com/investing/605173/stop-being-afraid-of-a-down-market "https://www.kiplinger.com/investing/605173/stop-being-afraid-of-a-down-market")** (Kiplinger)  
 An outline of options investors have.

**[Investors Flee From Junk Bond Funds Amid $5B Outflow](https://www.fa-mag.com/news/investors-flee-from-junk-bond-funds-amid--5-billion-outflow-69533.html "https://www.fa-mag.com/news/investors-flee-from-junk-bond-funds-amid--5-billion-outflow-69533.html")** (FA Magazine)  
 Corporate high yield bond funds experienced their second largest weekly outflow the year.

**[Where's the Value?](https://www.cnbc.com/2022/09/03/wheres-the-value-weighing-effective-etf-strategies.html "https://www.cnbc.com/2022/09/03/wheres-the-value-weighing-effective-etf-strategies.html")** (CNBC)  
 Weighing effective ETF strategies.

**[No Escape From Biggest Bond Loss in Decades](https://www.advisorperspectives.com/articles/2022/09/04/no-escape-from-biggest-bond-loss-in-decades-as-fed-keeps-hiking "https://www.advisorperspectives.com/articles/2022/09/04/no-escape-from-biggest-bond-loss-in-decades-as-fed-keeps-hiking")** (Advisor Perspectives)  
 The Fed is likely to continue raising interest rates until the inflation surge recedes.

**[Peak Inflation Is Never Truly Here](https://www.institutionalinvestor.com/article/b1zlc6fbvrxf5b/peak-inflation-is-never-truly-here "https://www.institutionalinvestor.com/article/b1zlc6fbvrxf5b/peak-inflation-is-never-truly-here")** (Institutional Investor)   
 July 2022 was the first month since May 2020 that didn't show a month-over month increase.

**[Stock Market's Worst Month Gets Dicier With Hawkish Fed](https://www.fa-mag.com/news/stock-market-s-worst-month-gets-even-more-dicey-with-hawkish-fed-69531.html "https://www.fa-mag.com/news/stock-market-s-worst-month-gets-even-more-dicey-with-hawkish-fed-69531.html")** (Financial Advisor)  
 Investors who were thinking this year's rise in inflation would be short-lived are growing worried about how long the pressures will persist.



 

 

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