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  • UBS' Steve Milunovich shares his thoughts on Apple's outlook after a blow-out quarter. The wearables could become a large category, says Milunovich.

  • UBS' Steve Milunovich weighs in on IBM's bruising quarter. Clearly IBM is in a major transition that will take multi-years to figure out, say Milunovich.

  • Mohamed El-Erian

    Mohamed El-Erian, Allianz chief economic adviser, says the Fed's policy bet depends on keeping valuations high in order to pull up fundamentals.