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#Mohamed El-Erian #inflation #FederalReserve
Queen’s College University of Cambridge Mohamed El-Erian discusses bond yields, the economy, inflation, GDP, the markets, the outlook for the economy, and the mental stress people are going through.
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Jerome Powell expressed deep concerns for women, children and families asking for lots of stimulus for individuals! Of course republicans ignored!
Please expand your correct statement to also include the dummycraps… remember they (donkeys and eliphants) they are all part of club that you and I are not in… so they work closely to deny us the most basic of societal programs…… lets not forget that we arent just fighting one side here
Republicans don’t want to bail out chicago n Sfo.
They will fold so don’t worry .
@sam chump Republicans seem to be okay with letting parts of their country fail as long as they are making profit.
i wish everyone who shows up on cnbc, before they speak, show their performance for the last 10 years, otherwise how we do know if their opinion is valuable to just junk?
He’s an economist and lecturer, not a financial manager
@thisispermanence read his bio, he was co-ceo with the Bond King.
Touche, like all the other fake experts, gurus, and YouTubers popping up telling us what to think when they’re not smarter, richer, or better than us, like listening to a homeless bum for money advice, fat person for fitness advice, etc.
Americas becoming a 3rd world country.
@R’ merac We need to legalize cannabis so it can become a worldwide industry, the world wants American cannabis, it’s already one of our biggest exports. If America legalizes cannabis, it will allow us to help the world legalize and bring an entirely new industry that will create more legal jobs and tax money for the entire country than most plans I’ve heard. Jobs in all 50 states, more work for existing HVAC, security, and electrical contractors as well as all the shipping logistics that would get a bump from it. Worldwide cannabis legalization would create an amazing amount of wealth for America.
But Europe and the rest of the world are going first, unless this civil unrest kicks in quicker…
@R’ merac I could create a de-centralized internet, I had the idea for it, but I’m not good with encryption.
already is, election fraud, government deciding what you can do, which company survive and what you can study.
@JM Lav Fortunately small business owners are taking to social media for advertising new products. Space age company stocks exist but so too are there small businesses like BlackScoutSurvival and GoSun who specialize in American manufactured long term survival gear. Also look at my previous comment above. There are alternative platforms.
Insolvency is coming – it’s obvious!
They’re probably gonna cancel the governments debt (the central bank would just debt jubilee parts of their balance sheet). That’s what they mean by ‘we have tricks up our sleeve’
@Astrah Cat Dollar crash. No free lunch.
Brokers dance around the thought of a Bear Market, but some economists discuss the concept of falling over some financial cliff. How we react to economic disasters defines humanity. The thought of preparing for the inevitable seems somewhat prudent…..
The returns in 2021 have already been fantastic and would be acceptable for an average year. Trimmed from 80% stocks to 50% stocks in my portfolio today. Prudency is fitting at exuberant times like this.
You can’t time the market. Do u know when to get back in?
Another SPAM comment that will be followed by consecutive fake commenters telling people to contact this and that person.
Yet you support more money printing and these absurd fed policies
We need to stop giving tax breaks to the rich and corporations, seems like a pretty simple fix to a lot of things. Tax every wallstreet transaction, tax investment income. Legalize cannabis and tax the hell out of that too.
@N H you forgot taxing churches. No more charity status for these BS churches!
@Wilamina Brown – Not just religions…other billion dollar corporations too.
You need to give up govt ponzi schemes such as Social Security, Medicare and Medicaid benefits that aren’t warranted in the constitutional amendments.
@Daniel T. You give up yours! I’ve paid for mine for 45 years! Idiot!
Don’t buy Bitcoin because I want to buy more cheaper. It hedges out the dollar, inflation and deflation that is why insurances, hedge funds and central banks are buying it up. So, do not buy! I need to buy more and want it cheaper…
Mohammed El-Erian…..my man…dropping some real street knowledge….
No currency/money velocity – good luck with inflation!
I am trying to do the math now, Biden 1.9 Tri print on paper; and then what? $50 for a loaf of bread? Then all business broken, as it already happening , all the people has to beg the government to give food just for children not starve. The few people represent the government would do what ever they want to you including many person who voting for D. Although I really don’t want to see this happen, but .too late too late.
Its shocking so many people still have kids.
@ardopel pepeljoep …its commented, climate change will not be the adversary to human existence / civilisation, but an ever declining global birth rate. Countries last to experience this hypothesis will be the middle east and Africa, but its doubtful these will populations will want to migrate to areas of depressed populations
lot of ppl prefer being broke with kids if it means getting 80 likes on Facebook
kid are fun.
@Nordic_Chief 🤣🤣😂🤣😂🤣😂🤣😂🤣😂go back to Europe
I’m wealthy and plan to leave the US to Taiwan and Japan to raise a family. The problem is not the economy, it’s a lack of women willing to be good wives and mothers. Simply debauchery and brainwashing by feminism. Higher value men have no interest in the modern Western woman.
The ability of Americans to repay the financing from the government, seems to be challenged by the ability of the world to overcome Covid. We have attempted to force Citizens to return to feeding the economy, while allowing the Virus to kill massive numbers of humans. Keynesian principals seem to show that even if products are assembled, how will other Nations accept our output and balance the trade we seem to be depending on others to supply? Do they want our virus coated products?
We didnt allow it to happen. It was a trade off. Do you see how many full parking lots there are even in PA? Businesses are booming even for the little guys. Scared of getting sick? Dont go outside. You take a risk of dying everytime you wake up man. Come on with the fearmongering tactics. Also, the virus doesn’t survive on surfaces. They made that clear almost a year ago.
@R’ merac Your choice to honor an economic system seems to have more bearing on your life than respect for human life. Congratulations! You are a Capitalist…..
@Daniel Hutchinson You are not wrong about one of those assumptions. I am very much a capitalist but I prefer to help others help themselves than to keep them subservient. “Congratulations”, you are a ruler not a free thinker! As the saying goes, “give a man a fish, you feed him for a day, teach him to fish, he feeds himself for a lifetime”. Get off your ass and make something happen instead of relying on others. Quit trying to steal what others build and instead, teach others who are less fortunate how they can “catch their own fish”. Otherwise, you hook everyone up to a system that when that system collapses, they all collapse together. Herp derp. Think outside the box, sweet heart.
@R’ merac sorry to imply any assumption that all Capitalists are greedy asswipes. I have hired humans to work for me and always rewarded all the participation in common endeavors with adequate rewards. The assumption that our efforts to feed the children is selfish is not what I was implying. The potential to feed the wealthy is what I intended to imply with my modest contribution to the conversation. We may notice more generosity than selfish behavior from the humans around us, I hope we can all overcome our ability to participate in Capitalist activity without becoming harmed…..
If you listened to him, you’d have missed out of the rally. Fundamentals don’t matter now.
@Ahmad Koraitum from the start of the pandemic crash, last year, he was saying the downturn was going to be much worse and we were going to fall much lower; the opposite happened, so if you listened to him, you missed the boat.
You are 100% correct. When he was at PIMCO, his performance is crazy bad.
@Eric P TOTAL NONSENSE! In April he said BUY in intervals of five. No investor should be trying to time the bottom– you either buy and hold and shut up, or put your money when MACRO conditions appear to be getting better.
Robin Hood traders are smarter than this guy
@jj jz Nonsense.
Impact on markets minimal … but massive impact on democracy discourse. HUGE! and then the impact on companies will be titanic
the only thing more stretched then family with kids are feminists puzzies..
Thumbs down
Contact me if you want to be my Boyfriend 😍💋 💝💖❤️
Tell us more !
I’m hunting rabbit. Be very very quiet.
🐰🐇 stew. My daughter cried when she saw me shoot bugs 🐇 for 🍽️…lol.
Now she shoots them with me. Yummy she says.
@sam chump Squirrel is good eatin too.
Don’t worry assets will be up 20%
Food up 20%
Your pay up 30 cents-3%
Good stuff
Once business saw Trump is out memos from HR went out. Who you want let go…. 😂.
All because rich people feel like they have to keep making more profit than last year, even though they already have more than they’ll ever need for their entire lives.
agreed, but the government will solve your problem… they are the one who created it but still.
@N H is this a bad Concept. Your way nothing gets done.
@N H huh
taper 2013 deja vu, remember that one? just talk they can’t do nothing
Bitcoin down 20% in 2 days and back up in 2 days. this is LESS volatile than 2017
@Farus Perhaps because it is defrauding the rest of us tax payers and is breaking the country when some people lose it to trades. I don’t understand why such a stupid (and pointless) “investment” as you call it has been allowed for so long. Investments tend to imply there is something to invest in. Tell me, what are you “investing” in other than your own greed? Blockchain technology only ensures your assets are tracked, therefore it doesn’t make for a good currency. So it is a moot “investment”. The quicker people grasp that the quicker we can go back to metal coins. The way you word your attempted insults also doesn’t make you appear more intellectual.
@R’ merac you sound like you were late to the bitcoin rally. An investment in bitcoin is an investment in sound money, freedom and economic justice. Defrauding tax payers? In your wildest dreams.
@Farus It is called money laundering kid. Your virtual “currency” is intrinsically worthless and your video game will end soon. House of cards always comes crashing down young grass hopper. Economic justice.. Lol says the kid who played the game of the Federal Reserve and printed a bunch of fake dollars driving the cost of living up for those around him. When the black out gets here, be sure to tell me how well your “investment” is paying off… When you can’t even connect to the internet. Just a matter of time. Tick tock.
@R’ merac bitcoin never uses more energy than its worth due to the built in mining difficulty adjustment algorithm.
@R’ merac stupid.
The federal reserve forced the fiat game on the world. Gold and silver did not serve their purpose as inflation hedges due to over bearing manipulation. Btc can’t be manipulated like paper gold and silver. Welcome to the 21st century old geezer.
have fun staying poor
Buy buy PSEC buy buy PSEC stocks they pay monthly dividend for 10 years it’s under $6 right now will go up and pay .06 a month per PSEC stock buy In bulk🧐🧐🧐🧐🧐
What’s foundation and liabilities pharmacy corporation in US for Covid vaccine sides effects etc
Without court order social media cant censorship free speech
they do that all the time, MSM, youtube, twitter, facebook, government and all. Free speech is dead.
@JM Lav New alternative for social media starts in Europe.
@Marek Kolendayou mean like parler? who got shut down from everything, got their server close and wipe out of existance. yea right.
@JM Lav How about artificial intelligence and fiber optics secure quantum satellite communications technology.
Um, have you read the Terms and Conditions of any of the major social media platforms? They’re allowed to do this. It is their platform, they coded it, they provide it to you. You don’t have to like it, but it is what it is.
👋👍 Charles Swindoll said life is 10 percent what happens to me and 90 percent of how I react to it. Never stop that @evenkingsfall (His insta name) THINK BIG vision! Great videos always 🔥
McConnell/Pelosi Congress: “So Americans wants stimulus for average American households, you say? Here’s a couple trillion federal reserve bucks for profitable Fortune companies having a tough year. Americans need austerity. Pull yourselves up by the bootstraps!”
Americans: “well I guess I gotta join the crazies”
El-Erian is Master of Queens College, not president
America is bankrupt. Decades of baby-boomer overconsumption ruined the future for generations. All they can do now is leave and go to better managed places.
too bad no one can foreclose on us
I guess no inheridance money for you. Aww , I’m so sorry. I’ll send you a post card from Cuba while I drink my beer on the beach
You need some tissue🙏🏿
Generation X, Y, and Millennials, thank your parents generation for selling our futures out from under us by their selfishness and inability of their generation’s elected officials to make tough financial decisions.
Boomers bought into Reagan and his Voodoo Economics like piranha after bloody meat.
it wasnt out of selfishness.. theyre so dumb they have no idea theyve been swindled.. the crime is – now that everyone has the information – they refuse to acknowledge it. ignorance is bliss i guess
They were given the world’s strongest, most diverse economy and turned it into a ponzi scheme whose only purpose is funnelling wealth to rich people who don’t need it. Truly our worst generation followed our greatest
Gen X is like 50 and stupid, Gen Y are the same as Millenials dimwit, and in their 30s, the young kids are Gen Z, boomers had a great life cuz the economy wanted them to do good
Yeah the market is Completely Dependent on GOVERNMENT LIQUIDITY don’t ask a stupid question about companies being more active on social B.S. issues!
We should be dependent on everyone else lets get our 💊 from China! That’s such smart thing sounds like a Biden legislation that would be brought to the table!
Jack Ma is in our Fish Food.
My 🥇 🐠 said this taste like Jack 🎃 Ma….lol.
Already done ✅.
Actually, if you listen to him Biden plans to bring manufacturing back to America. You’ve never read Biden’s proposed legislation from his website have you?
Price shouldn’t go up based on stimulus funny how we can bail out company , who take the stimulus.
The Fed’s Balance Sheet is too big to unbalance, to big to unwind, it can only go up…that is why that TINA is real. Many fear folks still out there are missing the EZ’ist opportunity in our lifetime. The increase today in unemployment claims is because government ‘new money’ is now available…it is not new people losing jobs…like my wife. Mr. El-Erian has been predicting ‘market meltdown’ Fed will reverse, 1st starting in 2008/2009 when Ben Bernake 1st greased up the money machine…it has not collapsed since then, only short term bear markets…S+P 500 @ 5000 is in sight!
Faceobok is shinking ship
Very smart man, knows his stuff !!
When Mo talks I listen.
Thank you for the great information
Thud. Million of Democrats just fell into poverty……
Win win. They voted for it Biden will make it happen.
@sam chump How will raising the federal minimum wage to $15 an hour put people into poverty? If you mean that the richest people will see a mildly smaller profit margin next year, that’s a more accurate statement.
@N H the market is not static. What do you think the reaction to forced higher wages across the board will be? Learn some economics if you “believe in the science”
CNN guest arrested as Rioter…. 😂.
Two editions of Bad Blood behind Mohamed. We get it, you guys get paid to hock some books, but come on, don’t make it so obvious lol.
@8:05
That is the ONLY ‘Trump Tower’ he will be remembered for.
I always look at the books behind a speaker if they are in a working room. In this case, the titles are legible, which is not always the case. Dr. ElErian has many economics texts and monographs, which is expected, but I noted that he has two copies of “Bad Blood”, as though he may have one to lend out. It is full of important lessons, especially for business leaders.
I am ready to pay more to eat out due to 15 dollar minimum wage. Thanks Joe
@H H Technology has been replacing human labor for 40 yrs. Your job, if u have one, could be next. That does not mean working ppl should not make a living wage. The key is to have a skill that machines can’t do, but unfortunately, technology is moving faster. The divide between the haves and have nots will continue to expand. As a teen I had three low paying jobs at the same time, I worked 7 days and 5 evenings per wk. I then developed a skill that payed me more than the 3 jobs at more than double the total pay of the 3 jobs. 40 yrs later, tech company’s are working feverishly to replace the human input to my job. Luckily I am retired.
@notoymotor4me Why yes I do have a job. I have a skill that I went to college for. After college I acquired additional skills and have been in the workforce for decade. The reason my employer pays me is because I am worth the amount he pays me. Otherwise I would be let go. A higher minimum wage will only speed up automation. As a result the US will experience high unemployment/more people on government aid. I am not a heartless person. If you want to be paid more go acquire a skill. Go work for it. That is free market capitalism
@H H If the fortunate don’t take care of the less fortunate, who are we in the eyes of GOD.
@notoymotor4me what will $15 dollars buy when inflation from all this “funny money” happens? The same amount $8 dollars bought. Money is just a number. It is about the amount of good/services you can buy with that 15 dollars.
@notoymotor4me People can only be paid what they are WORTH. You can’t just dictate that someone who only brings $11 of value to McDs get paid $15. That math doesn’t work. They will be fired next week.
None of the money from Biden’s plan should go to anyone who can afford to invest in the stock market. The rich have enough.
Bidens/Left policies are designed to do just that. Enslave the lower and middle classes and funnel more money to the wealthy.
Keep it up, Anti-Maskers! You guys are doing such a great job changing economies!
The American Dream has turned into the American Nightmare!!
Average investor: “just smoke some doobies and buy the dip man.”
You nuts? Thats the epic investor
Think of what having that outlook would of done to your portfolio of the years…
Whoever listened to this dude last year, especially March, April, May, and June would have missed the greatest bull in the history of the market. There’s a reason that Yahoo hosts this guy. It’s Yahoo
This guy loves attention.
His attention derive from knowledge and education. What attention does trump bring to the table beside being ignorant and narcissistic
@Andrew Tyson who said anything about trump? I’ve watched Mohamed over then years. Constantly posting selfies, and pics of his Newport property. Regurgitating, the Financial Times. He simply hasn’t stated an original thought in decades. Pure, elitist
Print baby print baby……printing inferno…on and on…..
It doesn’t matter whether BTC goes up for %50-100 if the food gonna be %1000 more expensive. Imma invest in food
If food is costing 1000% more, then that means we are witnessing a complete dollar collapse, and in that situation you will want Bitcoin and gold.
NO they arent.
thank you so much for interviewing the best economist in the world
5:35 “…Democrats want to go big on local and state government”
Bloated government will eventually suppress economies and I am so surprised Mohamed El-Erian vouches for this. Socialism!
Hey! Wait! Socialism is bad!! I don’t want that!
Do anything but that bad word!!
@Victor Seborowski the funny thing is you think you’re enlightened
What should I do with my $50k that is sitting in my checking account? Advice, please!
I have the same question and I think many others do too. There is still a lot of money on the sidelines.
Wait for the s&p correction of 7-10% sometime in the 1Q probably in February then put 25k into the market. If it continues to correct add the other 25k. I see the bottom around 3450 on the s&p
Thank you 🙏🏽
“Another 20 basis point rise in yields”….sure wouldn’t be “bad news” for retirees who had planned on a reasonable return on their savings during their “Golden Years”. Careful, conservative planning has been totally sabotaged … EXPECTED to “play the markets” to generate income now.
don’t worry the government will send you a check.. oh wait, the inflation wil be 10% per year and they wil raise taxes and gaze price for their ‘climate change’ but you will get a check.
how does he just simply leave out carbon capture? and forget the razor thin Senate. we have to get started now. no questions on that. Bill Gates’s book next month, for instance, can it really just be ignored? it’s easy for Joe Biden, he has to while running…. as he has for 32 years like everyone else. publicly. but these guys too????? that’s maybe like tens of trillions we will need to spend. so like next month Bill Gates comes out with another book but where he will hammer the “science” message. I hope so. and…. he’ll also link air travel as being the “same thing as trucks and container ships”… again again again… but hey, that’s what everyone in the USA does too. publicly. but he ****will**** warn that we are facing an existential threat that Mr. El-Arian here doesn’t even begin to “get”. worried about consumption? keeping it at absurd levels? uuuum… that’s not one of the goals. it can’t be. at all.
buy high and sell higher!
at the 4-second mark I’m going to guess that he’s proposed solutions going to be more money printing, more taxation of productive activity, more government and more government spending. If not I’m going to be flabbergasted.
5:42 (exhales)
….government cannot help anybody without hurting someone else. they can steal productive energy through taxation, they can steal purchasing power through inflation, they can plunder the wealth of other nations with military actions, and they can steal from your future by issuing notes that carry debt upon the principal. They have no production they have nothing to give they are literal parasites.
If it looks like everything is in a bubble, it’s actually the dollar that’s in a bubble. As Ray Dalio says, cash is trash!
Agreed 💯
The fed wants inflation, well by God they will be getting it. With all the money printing, inflation will be going through the roof, the dollar will be collapsing, and so will the economy. We are all doomed…
Crypto is the people’s money
Don’t believe what Mohamed el-erian says. Last April he predicted a market crash a few weeks later. And what happened? Market reached all-time high since then. Do not invest based on what he says.
The stock market has not caught up with the stressed consumer and depressed small business owner.