"The whole notion of transitory becomes meaningless at this point," Mohamed El-Erian told CNBC in an interview on Monday.
Allianz's chief economic advisor suggested workers might lack the skills employers want, and predicted stimulus would fuel an "everything rally."
If bitcoin were to fail, it would disrupt the current "liquidity paradigm," Allianz's chief economic advisor said.
Economist Mohamed El-Erian cautioned investors about the risk of rising corporate bankruptcy rates in an interview with Bloomberg TV on Friday. While many investors are ignoring short-term market risks in the hopes that 2021 will be met with a swift vaccine deployment and economic recovery, El-Erian said the time between […]
Mohamed El-Erian said in an op-ed in the Financial Times that the boom in retail trading may slow down as the options market is signalling a correction. Investors have piled into call options in the recent weeks, instead of long equity positions “due to the fear of missing out,” he […]
Famed economist Mohamed El-Erian said in a Thursday interview that he doubts the overall valuation of US tech companies. While he accepted that their robust balance sheets and positive cash flow will ensure continued outperformance, he said he doesn’t know “whether the valuation still makes sense to tell you the […]
Mohamed El-Erian, the chief economic adviser at Allianz, has warned in a Financial Times op-ed that investor stress from Covid-19 is “far from over” and they must prepare for a debt crunch. “The financial stress caused by Covid-19 is far from over,” he wrote. Investors should choose to focus on […]
Mohamed El-Erian, chief economic adviser at Allianz, told CNBC that he is waiting to put his cash to work to avoid the current unpredictability of the stock market. “The big question is, what is the next anchor for markets? And it’s not clear to me where that’s going to come […]
Global economic stimulus packages have rapidly been used in the fight against the coronavirus pandemic, but an “all in” approach is not sustainable, famed economist Mohamed El-Erian told IFC Insights in an interview. El-Erian compared emergency government interventions to a poker game and said an all-in approach works well for […]
Nearly half of investors are worried that a recession is coming, or that a big market crash is on the horizon, according to a recent study by Allianz Life. There’s a big difference in perception between age groups, the study found. Millennials are the most worried about a recession, but […]
Barclays is seeking to turn arounds its fortunes this year, as the bank announced it appointed two new board members. Mohamed El-Erian who is the current chief economic advisor at Allianz and president-elect of Queens college Cambridge, is set to join the British bank in 2020. While Dawn Fitzpatrick, who […]
A group of pension funds and insurers responsible for $US2.4 trillion in investments committed on Monday to making their portfolios carbon-neutral by 2050. The group, called the United Nations-convened Net-Zero Asset Owner Alliance, was organised by the UN and coincides with its Climate Action Summit. A number of companies have […]
Man's ability to think and create structures...
Welcome to Digital Health Briefing, a new email providing the latest news, data, and insight on how digital technology is disrupting the healthcare ecosystem, produced by BI Intelligence. Sign up and receive Digital Health Briefing free to your inbox. Have feedback? We’d like to hear from you. Write me at: […]
Allianz’s digital investment unit invests $US96.6 million into BIMA. Seven-year-old business lets people in emerging markets buy insurance through their mobile phones. LONDON – German insurance giant Allianz has invested close to $US100 million (£74.7 million) in BIMA, a Swedish-British startup that helps people in developing economies buy affordable insurance […]
President Donald Trump is reportedly...
LONDON -- Japanese e-commerce giant Rakuten...