El-Erian and Krugman can’t shake off their market fears

News Snapshot:

Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City. Michael M. Santiago | Getty Images Over in the alternative asset world, a combination of investors pouring money into U.S. spot exchange-traded crypto products, and bitcoin's upcoming halving event supercharged the world's largest cryptocurrency above $69,000 — a price level not seen in more than two years. Stellar prices for gold have also stolen investor attention, with the precious metal scaling a new record of over $2,100. The gains have been fueled by U.S. rate cut expectations and...