Mohamed El-Erian is chief economic adviser at Allianz and a very smart chap indeed
He currently sees a 60% probability of a fed funds rate hike in September. BUT ….The chance could rise as high as 80%: "What makes that probability go a lot higher a Friday report that has three things:
El-Erian says Fed Sept. rate hike chance goes to 80% if the NFP shows these 3 things
