El-Erian Is 'Worried' About Booming Services Inflation

The discussion revolves around the timing of rate hikes and inflation concerns, particularly in the services sector. The speaker expresses less optimism about inflation control and suggests a more selective approach to market investments, highlighting the importance of timing and selectivity in current market conditions.

What is the speaker's view on the timing of rate hikes?

How does the speaker perceive the current state of inflation?

What concerns does the speaker express regarding future inflation?

What advice does the speaker give about jumping into the market?

What does the speaker mean by 'greater selectivity' in investment opportunities?