Mohamed El-Erian on January jobs report: It was a disappointing report, the economy has no momentum

0

Queens’ College, Cambridge University President and Allianz Chief Economic Adviser Mohamed El-Erian joins Yahoo Finance’s Myles Udland and Julie Hyman to discuss the January 2021 jobs report, the need for stimulus. El-Erian also discussed the concerns with retail trading after the Gamestop short squeeze.
For 2020 election results please visit:
Election results: https://www.yahoo.com/elections

Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

About Yahoo Finance Premium: With a subscription to Yahoo Finance Premium, get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Premium please visit: https://yhoo.it/33jXYBp

Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

83 thoughts on “Mohamed El-Erian on January jobs report: It was a disappointing report, the economy has no momentum

  1. any Reply

    Who cares about the economy. I wish capitol can be attacked again, so we have another rally. tell us more about the next stimulus..

    • CosmicDamian Reply

      Yes. If we could just have a capital attack every day, worse viruses, and maybe an earthquake every month or so, I could retire next year. I don’t see how people are upset about these clearly bullish events that keep happening.

    • any Reply

      @CosmicDamian they just didnt learn what economy is, the more you destroy things, the more spending it is, and the higher your GDP. This old economist need to retired and leave it to the robinhooders to lead new era.

    • CosmicDamian Reply

      @any Exactly. The Robinhooders are on a solid foundation – “if we just don’t sell Gamestonk, we’ll all be rich”. Now, please excuse me while I dig my own grave and put a bullet in my head.

  2. Daniel Purdy Reply

    Mohammed calls the market a bubble but cheers on trillions more in stimulus creating more of a bubble.

    Money printing doesn’t work. Stop supporting zombie companies

  3. Nick Reply

    This guy loves his Patagonia vest

    • Tom Marc Reply

      Must be in venture

  4. rRobert Smith Reply

    Many people are now interested in shorting the bond market.

    • Rita L Reply

      Anyone who understands macro is short bonds, long bitcoin, grabbing metals, and actively managing small stock positions with short duration.

  5. rRobert Smith Reply

    I would pay good money for El-Erian book list!

    • Brad X Reply

      He could write a book for you “How I Missed a Market Rally”

    • Craig Reply

      @Brad X lol

    • Charles VIncent Reply

      @Brad X Exactly

  6. John A Reply

    Idiots. $2000 after many months of nothing is fsr from enough.

  7. Apocalypse Reply

    MORE STIMULUS. GO BIG OR GO BIGGER

  8. Mark Masters Reply

    Of course no momentum the government destroyed the economy last year.

  9. Anonymous Reply

    We get it dude. You’re short and missed the rally. Some of the strongest earnings out of FAANG that we’ve seen in many quarters, but there’s no momentum… alright bud. Keep trying to manipulate prices down. I’ll buy the dip everytime.

  10. Dave Fawcett Reply

    I literally never him say anything positive. He’s such a doom monger
    If we’d have listened to him last year, we’d have missed out on lots of gains when the markets rose

    • Paul Brady Reply

      what are you talking about? He was quite bullish before Covid came along.

    • CosmicDamian Reply

      He’s a realist. If you see milk and honey ahead, you must be on drugs, frankly speaking.

    • Justin Miller Reply

      I recall listening to him last year and making a killing.

  11. Stephanie Graphie Reply

    *No 1: Don’t Only Hope On Government For Income,*

    *No 2: As An Individual Look For Different Self Income Not Only Waiting on Monthly Wages,*

    *No 3: Always Save The Little You Can And Think Of What To Do With It When It Become Good For Capital.*

    *It’s 100% Good To Have Different Ways To Gain Income*

    *Because Government have failed us so therefore let’s try and survive*

    • Harris Abdul Reply

      I can also brag about this Jack he has managed my account in such a way winning is the only standard I know

    • Tatyiana Thom Reply

      Did anyone trade with him recently ? Because I heard last week profits was so good

    • Ben Far Reply

      Yes sure my friends told me about their gain I was so jealous because I wanted to invest next week

    • Ry Der Reply

      I just invested with Him yesterday I’m just hoping by next week my profit will be good too

    • Hailey Chad Reply

      I hope so too let’s just wait and see the feedback

  12. Jose Portillo Reply

    Last week “market accident “ was no accident. He confuses reddit (amc, gme, etc) with apple, tesla, facebook reporting earnings on the same day. What followed was a two day sell-off (Thursday and Friday). Remember you were only allow to sell but not to buy.

  13. Greg Harris Reply

    Where are the alleged job creators, the 1%-ers? They’ve been handed free money for over a decade now and this is the best they can do?!! Time to start taxing the 1% at 90% again and start investing and building back America better!

    • Justin Miller Reply

      But then America might return to 4% yearly growth rates, and we can’t have that!

  14. Charles VIncent Reply

    El-Erian fucking sucks at every turn

  15. Chandru Angadi Reply

    My trading mentor,hackerfucce on telegram runs an investment platform like that…l paid in €2500 just last week through it’s not the first time,and a got a paid profit of €25000,it’s been an amazing experience

  16. Japan Hieu Reply

    Yeah,I’m a living testimony of Hackerfucce on telegram trading platform,his strategies are obviously the best I’ve come across.l invested $2500 and he made a profit of $25000 for me just in 7days. Thanks you the best

  17. Ann Brown Reply

    Crypto currencies has been blazing a few indications of solidarity all through the previous few days,❤️ And with bulls being in full control of their price action as they aim at pushing general prices over the resistance level.. General bullish moves has being productive to hodlers and traders the same, with everybody anxious to get a bit of crypto currency at the present time! Although i fancy trading over hodling, because of its productivity and extra information on crypto by and large. Overtime, i have used lots of signal service and guide from experts to assist with trading, one of those experts has been central to most of the trading successes i have enjoyed.. Tony Max administration is one of the productive ones I have utilized, and I would suggest him for crypto related difficulties. He can be reached on Tel- – qram (@Tony_signal22) and What’s– application (+17149425639) for his assistance. Lets be positive and remain winning

    • Tim Westman Reply

      Tony Max daily signal is top and one of the best out there when it comes to trading bitcoin.

    • Harley Celina Reply

      I was able to grow my portfolio too… from 0.6btc to 4.3btc within 4 weeks

    • Kim harderway Reply

      I’m from the UK, I and my colleagues gave him a try and it has been good returns of our investment, Thanks Mr Tony Max.

    • Vera Queen Reply

      Great skills and knowledge about the market. I enjoy full profits and easy withdrawal with no complains, trade with the best.

    • Brodie Miranda Reply

      Trusting Mr Tony Max with handling my investment was one of the best things I did for myself. You stand to monitor your investment and request payouts at any time.

  18. William Andrews Reply

    Firemen, doctors, nurses – and many others – work so hard and even risk their lives!! There are not enough firemen to put out the fires, not enough nurses, but our politicians pay millions of people to be unemployed – so unfair!!

    • Justin Miller Reply

      Yeah, we need a progressive agenda that offers universal programs as a safety net for all (including those firemen and nurses and cops), and rewards work and not just wealth, while also giving no incentive to anyone to seek handouts by contributing/working less.

  19. William Andrews Reply

    Liberal politicians are still giving $Billions to foreign politicians, $Billions to Federal employees to “study” black holes, “explore” Venus, and play with toy cars on Mars,
    $Trillions for things that have absolutely no practical value!!

    • Justin Miller Reply

      What? Those things have enormous value. How do you think we created the internet? It was government research. Same with most research to cure diseases.

  20. William Andrews Reply

    The Liberal elite try to make us believe that there are not any conspiracies, but then they want to put normal people in jail for “collusion.”

  21. jeremy pearson Reply

    Let’s just keep throwing money at the problem. When that fails, go to plan B. There is a plan B right?

    • Justin Miller Reply

      Tax the money back where it is used inefficiently so it can be invested back in further growth.

  22. Joshua Burns Reply

    It’s still hanging on and probably going up but its hanging on by a string

  23. L9Pm9WxAv4NY4h3B Reply

    infrastructure and manufacture creates wealth. go back to basics.

    • Justin Miller Reply

      Yes, it is so obvious to everyone except the people in Washington and New York

  24. Samuel Rocha Reply

    The major challenges investors face may range from controlling impulsiveness to the frail of compulsion. Most newbies and would-be investors often undermine and most often neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of asset prices regardless of what is happening in the wider or broader market. Essentially, the process involves studying the paths of a particular asset movement in the past so as to establish a sustainable pattern that can be used to predict future movements. Permit me to say that Mr. Ahire Vijay is an expert Trader without flaws, the very best of his kind. Ahiretrading@gmail com : w h a t s a p p + 1 5 8 5 6 6 6 1 3 3 1

    • hudson peter Reply

      there are few men who are expert in stocks trading, Ahire Vijay is one man that i know and he can delivers at all time

    • john paul Reply

      The importance of your good work cant be over emphasized, l value your assistance sir.

    • jude qatar Reply

      As a new investor, Mr Ahire Vijay helped me become more confident, and to trade additional asset classes as my skills grew.

    • samson jude Reply

      i can relate, Mr Ahire Vijay is very good at making huge profits, i make $9k every week with Mr Ahire Vijay

    • tomtom rake Reply

      Now i understand what it means to win in trading, i don’t struggle to pay my bills anymore, Thanks Mr Ahire Vijay…

  25. jean montaigne Reply

    Still no book deal… Give up

  26. Liberty Springs Reply

    We might need to start thinking about different jobs for people rather than keep expecting life to return to “normal”

    • Justin Miller Reply

      True, a lot of old economy jobs will never come back, and we need systems to promote resilience and reconfiguring and remarketing skills for new opportunities based on what needs to be done.

  27. Justin Miller Reply

    Either pass stimulus checks for Americans earning up to $75,000 for individuals and $150,000 for couples, and ideally pass $2000 checks not $1400 checks, or the country may go into a death spiral.

  28. Justin Miller Reply

    It is critical to give the middle and poor working class a cash infusion as we have the vaccine rollout so that they will resume normal levels of consumer spending rather than permanently shift away from luxuries like dining out or going to bars.

  29. Sedo Vale Reply

    I accept each stock financial backer contributes for the sole explanation of developing their assets and acquiring more significant yields yet nowadays the securities exchange is exceptionally lethargic and the vast majority ain’t adequately brilliant to realize that the best an ideal opportunity to purchase stocks is the point at which the market is down, A critical standard of putting resources into the financial exchange is ‘purchase low and sell high’ For instance, individuals that raked in boatloads of cash from Tesla stock got it at $17 each in 2010 and sold for $498 in august 2020 I’ve been into stocks for quite a while now and I can strongly affirm that stocks will not give you the sort of benefit you’re searching for in the event that you get it when it has gotten to the pinnacle value as of now, I was putting resources into stocks and burning through my time until 4 months prior when I met somebody who acquainted me with cryptographic money and all I required to think about bitcoins, I changed from stocks to bitcoins, I began exchanging with the little 0.5 btc I had in my bitcoin wallet I didn’t have any acquaintance with it will turn out this huge for me, inside a month of exchanging with Solberg Jonas I procured more than 4 btc, as I kept exchanging with master Solberg my portfolio tripled from 4 btc to 12 btc and as of now I acquire about $11,000 week by week.. Solberg can be reach through Teleg:ram @Solberg_jonas for more data

    • Bernier Leonel Reply

      Now I understand what it takes to win in crypto trading, Mr Solberg is extremely good

    • Mueller Toney Reply

      I count myself as a successful trader because of the amazing trading strategy of Mr Solberg

    • Donnelly Roxanne Reply

      Jonas Solberg intriguing strategy works every time, cutting losses and ensuring winning..keep up the good work sir

    • Towne Duane Reply

      Meeting Solberg Jonas has been a blessing, I never thought I would make so much profits in a short period of time , that’s why I call him a wizard most times

    • Zulauf Ronnie Reply

      Making the right decision was involving myself in trading crypto and finally getting to meet Mr Solberg Jonas for his assistance

  30. Dan Ziffle Reply

    100 Trillion needed print more now..I need money for dog e coin

  31. Dan Ziffle Reply

    How does covid use tue cash..its a virus

  32. Dan Ziffle Reply

    Give people money to be traders…unlimited jobs there…everyone has an animal spirit…we are all animals

  33. Dan Ziffle Reply

    Just wait until paper gold and silver blow up…paladium…went up 5x when that happened…just waiting now

    • Antony Stringfellow Reply

      Then they’ll come straight back down again, just like GME and AMC. Fuelled by millions of retailers that follow WSB on Reddit. Ok if you can time your entries and exits well. Could quickly wipe out your account if you time it wrong. Very high risk!

  34. Dan Ziffle Reply

    Everyone knows leverage is the onpy eay to make monet..for not only hedgies but now average peeps

  35. Dan Ziffle Reply

    All those SLV shares bought are still being held ..beware

  36. Dan Ziffle Reply

    Mohamed….you bet?

  37. Trading With Will Reply

    Stimulus is to teach dependency ie dependency on a nanny state next will be UBI etc

  38. Vk Travel log Reply

    The economy is never coming back in terms of full employment when AI and robotics start to take over. We need production to come back and not more money printing!

  39. invicto TV 37R Reply

    AMC Monday Let’s buy it All AMC Monday Let’s buy it All AMC Monday Let’s buy it All AMC Monday Let’s buy it

  40. C G Reply

    Wait, when he was mentioning the market accident was he talking about the Gamestop incident? Does this mean that r/wsb nearly broke the whole market?

  41. Angela Akinbohun Reply

    Check out this video.

  42. Dave Schmarder Reply

    This is the 55th Super Bowl that I’ve missed.

  43. Mike MakesRight Reply

    I agree!

  44. Rita L Reply

    Those who are worried know enough, those who don’t know enough are not worried.

  45. hedge hog Reply

    Bad numbers = bullish.
    Good numbers = less but still bullish……

Leave a Reply

Your email address will not be published. Required fields are marked *