Monday, September 19, 2022

Here we go again. . .

3 days ago - Mohamed El-Erian has had an extraordinary career as an investment analyst, investor, and market commentator. His ‘new normal’ concept was prescient, provocative, and has proven out. Agree or disagree, his go-forward thoughts contained in this bracing book are well worth considering

https://www.youtube.com/watch?v=EqxAOwq0MV0

08:20

YouTube

EL-Erian on America's Financial Crisis: "This Is A Very Bad Time"

4 days ago

1.23K

FINANCE ·RECESSION

Top economist Mohamed El-Erian says a European recession is a ‘done deal’ but the U.S. might not be far behind

BYTRISTAN BOVE

September 16, 2022 at 11:46 AM MST

Portrait of Mohamed El-Erian sitting in an armchair pointing towards a camera

There's a difference between recession chances in the U.S. and foreign markets, Mohamed El-Erian says.

HOLLIE ADAMS/BLOOMBERG VIA GETTY IMAGES

It remains to be seen whether a recession is going to hit the U.S., but an economic downturn may already be set in stone in other parts of the world

✓ (1)

Mohamed El-Erian warned of slower global growth, stubborn inflation, and higher unemployment.
The top economist pointed to signs of weaker demand and the likelihood of further Fed rate hikes.
El-Erian has said Europe's energy crisis and China's lockdowns raise the risk of stagflation