Markets are hitting record highs. And economists like El-Erian and Krugman can't shake off their fears

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Markets are hitting record highs. And economists like El-Erian and Krugman can't shake off their fears
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A fiery rally in tech stocks powered the Nasdaq 100 to a fresh record and helped the S&P 500 finish above the 5,000 mark for the first time ever last week.

A fiery rally in tech stocks powered the Nasdaq 100 to a fresh record and helped the S&P 500 finish above the 5,000 mark for the first time ever last week.

In Asia, Japan's Nikkei 225 has echoed an eye-popping performance with the country's stock market index newly crossing 40,000 points on Monday. "Don't get me wrong; high-frequency inputs are important in any assessment of economic conditions and policy responses," El-Erian said.

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