Global Markets and Economic Policy by Mohamed A. El-Erian
Mohamed A. El-Erian: Key-man risk may not be fully priced in by markets
Mohamed A. El-Erian, chief economic adviser at Allianz, warned that so-called key-man risk remains significant and questioned whether markets have fully accounted for it. He added that this issue ...
Tech and oil saw sharp shifts as broader credit remained steady, Mohamed A. El-Erian notes
Markets experienced a tumultuous week marked by a dramatic U.S. political realignment, volatility tied to artificial intelligence, and robust economic data. Tech stocks and oil prices underwent ...
Mohamed A. El-Erian: South Korean and Japanese stock markets tumble 6% after U.S. selloff
South Korean and Japanese stock markets tumbled by 6% in response to a selloff in the U.S., according to a post by Mohamed A. El-Erian. El-Erian highlighted the cross-market impact between the ...
Bank of England hikes rates by 25 bps as inflation may peak at 4.9 percent next year, Mohamed A. El-Erian notes
The Bank of England raised interest rates by 25 basis points in a widely expected move, with an 8-1 vote in favor and one dissenter advocating for a 50 basis point increase. Mohamed A. El-Erian, ...
Mohamed A. El-Erian: Stocks rise and U.S. bond yields fall after Democrats’ midterm win
Stocks have moved higher and U.S. government bond yields have declined following the Democrats’ surprising victory in the midterm elections. Mohamed A. El-Erian, Chief Economic Adviser at ...
Brookfield chooses to exit property instead of refinancing loan, WSJ notes
Brookfield has decided to exit a property instead of refinancing its roughly $360 million loan, according to a report cited by Mohamed A. El-Erian. The Wall Street Journal article notes that ...
Mohamed A. El-Erian: WTI crude falls below $100, Brent slips under $110 amid U.S.-Iran talks
WTI crude fell below $100 a barrel and Brent slipped under $110 on reports of improved prospects for a diplomatic resolution to the U.S.-Iran impasse. The market developments were highlighted by ...
Nasdaq underperformed compared to Dow and European assets, Mohamed A. El-Erian notes
October was marked by significant dispersion both across and within major asset classes, according to Mohamed A. El-Erian, chief economic adviser at Allianz. He pointed out notable ...
Mohamed A. El-Erian: Power shifts as U.S. AI companies face more cautious lending
Wall Street, which had supplied capital with few questions amid the boom in U.S. artificial intelligence companies, is now witnessing a shift in the balance of power as lenders become more ...
U.S. GDP rises 3.4 percent in Q3, Mohamed A. El-Erian notes
U.S. gross domestic product grew 3.4 percent in the third quarter, its highest rate in a year. Mohamed A. El-Erian, chief economic adviser at Allianz, shared the data, citing a New York Times ...
Mohamed A. El-Erian: U.S.-friendly nations reduce Treasury purchases led by Asia
A Bloomberg article reports that nations friendly to the U.S., especially in Asia, have reduced their purchases of U.S. government bonds by 60 percent. Mohamed A. El-Erian highlighted this ...
Markets anticipate steady rates as Federal Reserve meets, Mohamed A. El-Erian notes
The Federal Reserve begins its two-day meeting today, with markets widely expecting that policymakers will announce no change to interest rates tomorrow. Mohamed A. El-Erian, president of Queens' ...
Mohamed A. El-Erian: Focus on widening dispersion within certain AI segments
More attention is being directed toward widening dispersion within certain artificial intelligence segments, alongside a full week of economic data, corporate earnings, and policy announcements. ...
Markets revisit tech funding needs as Nasdaq weakens, Mohamed A. El-Erian notes
Markets experienced renewed weakness in the Nasdaq as previously comforting assumptions about technology return on investment and funding needs were revisited over the past week. Mohamed A. ...
Mohamed A. El-Erian: Atlanta Fed releases latest data on U.S. home affordability
The Atlanta Federal Reserve has issued its latest update concerning home affordability in the United States. Mohamed A. El-Erian, president of Queens' College, University of Cambridge, ...
Europe should not depend on falling U.S. yields, Mohamed A. El-Erian writes
Europe should not wait for U.S. bond yields to decrease, according to Mohamed A. El-Erian, president at Queens' College, University of Cambridge. El-Erian shared this view in a Financial Times ...
Mohamed A. El-Erian: France surpasses UK in largest government bond yield surge since U.S.-Israel attacks on Iran
France has experienced a larger surge in government bond yields than the UK, marking the biggest yield increase since the start of U.S.-Israel attacks on Iran. According to Mohamed A. El-Erian, ...
Brent holds at $109 despite higher Middle East oil exports, Mohamed A. El-Erian notes
Middle East oil exports have surpassed prewar levels, yet Brent crude remains at $109. Mohamed A. El-Erian, president of Queens' College at the University of Cambridge, highlighted ongoing doubts ...
Mohamed A. El-Erian: France–Germany 10-year bond spread climbs above 150 bps
The spread between France and Germany's 10-year bonds surpassed 150 basis points as of this morning, with French sovereign debt trading more like that of a peripheral issuer than as Eurozone core ...
Project delays and investor confidence issues affect $10 trillion AI build-out, Financial Times notes
Cracks are appearing in the U.S. $10 trillion AI infrastructure build-out as project delays, public backlash, and shaky investor confidence challenge data center expansion, according to the ...
Mohamed A. El-Erian: Global economy is managing higher costs through multiple strategies
Global economic activity has adapted to higher costs by drawing on income growth, savings, inventory reductions, debt, improved efficiency, slower margin expansion, and selective price ...
