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

Compiled by ETF.com Staff

El-Erian: Fed Must Do 2 Things to Reestablish Credibility (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? (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 (Markets Insider)
"Dr. Doom" fears a toxic combination of inflation, unemployment and recession.

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 (Bloomberg)
Plain vanilla stock and bond funds are doing better than socially responsible ones.

How a Mutual Fund Conversion to an ETF Works (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 (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? (Kiplinger)
An outline of options investors have.

Investors Flee From Junk Bond Funds Amid $5B Outflow (FA Magazine)
Corporate high yield bond funds experienced their second largest weekly outflow the year.

Where's the Value? (CNBC)
Weighing effective ETF strategies.

No Escape From Biggest Bond Loss in Decades (Advisor Perspectives)
The Fed is likely to continue raising interest rates until the inflation surge recedes.

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 (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.