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U.S. PMI beats consensus as household sector rebounds, Mohamed A. El-Erian confirms

U.S. PMI beats consensus as household sector rebounds, Mohamed A. El-Erian confirms
U.S. PMI data signals economic strength

Mohamed A. El-Erian, president at Queens' College, University of Cambridge, highlights that newly released U.S. PMI numbers have exceeded consensus expectations for both manufacturing and services sectors.

He notes these results confirm the continued strength of the U.S. economy, especially as households are recovering from a notable energy price shock.

El-Erian has recently commented on gold’s position in global reserves, noting that its share reached 27% at the end of 2025, overtaking both euro and U.S. Treasuries in official reserve holdings. He also reported that the Apollo Debt Solutions fund limited withdrawals, meeting less than 30 percent of $2.4 billion in investor requests during a recent redemption period.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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