"Too many officials are inclined to look at the cryptocurrency in a rather narrow way. They shouldn't," the economist said.
Mohamed El-Erian said the Reddit-trader war on Wall Street has all the elements of the Arab Spring. “They coordinate leaderless, no leader at all. It works extremely well,” he said in an ABC News interview. Inequality of wealth, income, and opportunity were the main reasons behind retail investor fury, he […]
President-elect Joe Biden will go through a complicated transfer of power while the US economy struggles to deal with efforts to tackle COVID-19, economist Mohamed El-Erian told CNBC. El-Erian said Biden’s administration should not look at COVID-19 fiscal policy simply as a relief bill, but should address four major objectives […]
A wave of corporate insolvencies has the best chance at dragging stocks from their lofty prices, Mohamed El-Erian, chief economic advisor at Allianz, said Monday. Investors have looked through US-China tensions, stretched valuations, stimulus delays, and surging COVID cases in recent weeks to push stocks higher. “You have a very […]
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 […]
President Donald Trump is reportedly...
Mohamed A. El-Erian, chair of US President Barack Obama’s global development council and Allianz’s chief economic adviser, knows a thing or two about reading central bank tea leaves. With a storied career which included stints at the IMF and fixed income manager PIMCO, where he was chief executive officer and […]
Throw out a challenge and the market will respond.
Contagion and the flight to quality.