#El-Erian #FederalReserve #YahooFinance
Queens College Cambridge President Mohamed El-Erian joins Yahoo Finance Live anchors Julie Hyman and Brad Luck to discuss recessionary risks, inflation, volatility, energy futures, supply chain woes, and the outlook for Fed policy.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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Please tell Dr. El-Erian that he needs to stop using a wifi connection, but a wired Ethernet connection. His data bits are arriving out of order, a bit scrambled.
The fed did not have any credit, to begin with.
Powell trying to keep things together is ridiculous. Just say the truth and say you screwed up giving everyone Covid checks ( people who didn’t plan correctly afloat instead of pushing financial literacy. Buying everyone new iPhones. New car loans. New Nikes. Fake business loans and on and on)
Ummm lets remember the massive wall st bail out and the 2 trillion in top 3% tax breaks too.
I guess we should bite the bullet in Russia
If Russia cuts its gas supply, INVADE RUSSIA!!
Simply as that, let Russia knows Nato is not worry about starting a nuclear war!!!
WHY SHOULD THE WORLD BE EXTORTED PERPETUALLY BY ROUGE NATIONS!!!
These nations know we are too logical, too smart on economic and financial matters for our own good.
They knows they are always rely on “smart” financial gurus to sing the danger of their threats!!!
In life don’t be too logical, too systematic, thinking too far ahead of our time.
Evolution of the world shows that even the smartest humans cannot prevent meltdowns, they simply trying a make a living out of the financial system!
They play gods on earth…..they are NOT!
Screw warren lets bury these zombie companies and get this economy back to an earnings based, income based system
I notice avocado prices are dropping….sure sign inflation has peaked…100% accurate inflation indicator.
😅
This guy wants Powell’s job hence the bad mouthing
To be honest, it will be a mild recession. Some sectors have bottomed.
Free Newton’s pair
Pay off the trillions in derivatives. If you want a real revolution, go ahead and steal everyone’s retirements. The fed shorted America, and now the need to pay. Crooked fed sec banks brokers need to pay.
Just received an economy lesson in 12 minutes lol
All normal people are subject to harsh inflation. Wall St is getting bailed out everyday. The reverse repot program has hit new record level highs 15 out of the last 19 days. It’s at 2.2 trillion a day. The cns program is another equally gigantic program. They are printing trillions a day to pay the interest on the derivatives wall st. has synthetically created. They pumped blue chips to the moon used them as collateral and shorted most mid and small caps. Ever hear of memes? Just a word they used that means replicated outstanding shares. IMO buy some gme amc if you ever plan on retiring not financial advice
The letter R
You will have QT & Recession/Depression
Vs.
More QE & Hyper Inflation.
Good luck, current WH is beyond hope.
I can’t stand Warren.
That’s what the wealthy want. To force people to accept shitty jobs for shitty pay with shitty bosses. They need us to be desperate.
Senator Elizabeth Warren is just as incompetent as Biden. Her views speak from a poopy mouth that doesn’t know what she’s talking about!!!
So fixed income is dead and inflation 20 percent, the Fed has no choice in this matter at all.
Mrs. Warren is right on the money! The Federal Reserve Bank is a criminal organization and the brain child of the evil JP Morgan. Read a book called “The Creature from Jekyll Island” for full 100 year history of THE EVIL FED
possible? I thought we already in one
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Warren is a fraud
DOH!!! they need inflation to wipe out their balance sheet
Soft landing, hard landing and then there’s Messiah’s sledge hammer
El Erian is not only knowledgable, he also has a lovely nature. I appreciate his insights.
@Eric Klee Hello. I think knowledge, educating oneself, helps to pre-empt, protect , and minimize the effects of the unfolding circumstances we find ourselves in, globally. Just like preparing for changes in the weather☔ Each person will make choices, which will either increase, or hopefully decrease their exposure/risks to challenging times. The sky will not fall, i have confidence most will navigate through these times, and be better equipped from the experience, when future events take place. Kind regards
did you know his firm committed fraud? and paid a massive fine a month ago? nobody knows this?
@Henry Point me in the direction of this information please.
His thoughts and insight helps for me to make a better understanding of the sentiment .. get me out of the grey area
elizabeth warren has no business talking like that… she hasnt a clue… theres more to the story and if she had a shred of understanding she would shut her mouth
The power dynamics are changing. China and Russia are gaining wealth, power, and influence around the world. Congress, Wall Street, and the corporations ruined American democracy and stole the American dream for personal gain.
Damn, did Mohamed just endorse BTC as a long term investment, despite it’s volatility and challenges at fair value?
Mohammed just took a dip in my estimation. Every time crypto reps say crypto is great for this or for that, the market responds with a “no, you’re wrong”. Crypto is just ponzi rubbish.
@MaxFromSydney1 please explain how since the BTC network has always allowed people to take their currencies out without limit unlike me going to a bank right now or really even in 2020.
Why aren’t these money junkies worried about the global CO2 levels being 421ppm and the AGGI at 585ppm
Those are extinction levels, gotta keep expanding to keep their fossil fuel lifestyle going
Throwing humanity’s children under the bus for personal gain and convenience
This guy is really good. Honest, not afraid to say when he does not know.
yahoooo talk about the synthetic shorts
Once your unemployment pay is depleted you fall off the books. Meaning, the stats no longer include those people who either no longer get or ineligible for unemployment.
the only crypto I’m watching is the federal reserve crypto. anything else is going to get stomped like a bug by the powers that be.😂😂
The riba system will collapse, insyaallah
I’m self employed, mid 40s and just now wanting to start investing but, I want to be tax conscious.
I am having the hardest time getting ANY cpa to answer some questions in my area. I have seen a lot about hiring an advisor in the comments, how can you tell a legit professional with low based fees?
@Obama Cared Laughable. I became concerned about FED policy and inflation in late 2021 when I partnered with Grace. We moved into cash so when the big January selling began, I wasn’t impacted. I have been mostly short ever since. I have been shorting BTC from the 45K level, and continue to using BITO put options. Not for the novice trader- entry and exit points are critical, along with having a high risk tolerance and solid options skills.
We plan to remain mostly short on equities (and BTC) for the next couple months, at least, until we see the inflation issue leveling/declining. The recent major selling and sentiment indicators tell me to expect some strong counter-trend rallies at some point. You may have to reach out to Grace to know how much she charges, I’m sure it’ll differ from my .75% AUM fee and it is negotiable.
@Marcelino Barrows Wow, that is a rather impressive strategy, I would have dismissed you as one of them bots flooding the comments. Keep it up, I was not able to sell in time so now I have to hold through the most aggressive FED regime.
@Obama Cared Amazing. I left her a message. Fingers crossed, she responds. I also put in a time for a call, of which I did not see her number. I can’t keep looking at my portfolio suffer.
most of the people in the comments who claims to be an advisor is a scammer
Isn’t it amazing that when corporations, domestic or international, do very well, roll in profits and have increased future earnings, they are able to get more credit, they’re celebrated and their reed is rarely criticized. But due to the pandemic and pumping more to people with kids so they don’t starve to death as bread winners had to stop working, now let’s make very one poor again. Tax the rich, get real
What causes of recession? inflation.
What causes inflation? Printing More Paper Money.
Why did they print money? To cover the debts because we simply leverage what we supposedly used in the future, it means we have debts in the future. We need to blame Banks and Fed for not regulating debts
Every time I listen to Elizabeth Warren I lose an IQ point
I am rooting for a recession, and interest rates at 25%
Why?
Powell and Federal politicians have intentionally destroyed the value of our money. Inflation is much worse than the official government reports. Inflation makes all the economic numbers go up, so politicians say there is not a recession; but millions of Americans cannot afford the basics that are necessary for a normal decent life. We are in a DEPRESSION!!!
Every kingdom divided against itself is brought to desolation
Jerry will go down in history as MR TRANSITORY 2022
Motherfucker we are in a Recession!!!
Elizabeth Warren again is trying to win peoples heart. Well the truth is she is not. The world has become a zero sum game because the government tries to avoid doing efficient allocation. You cant make everyone praise you. Politician wants everyone to get impressed while in reality there is a limit to what they can do.
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I don’t have to wait long to withdraw my winnings.
The demise of American greatness has been in the works for decades, thanks to deficit spending in the trillions by Congress. The Fed merely accomodates the recklessness by printing more fiat currency. When we finally crash completely, we will face a second Great Depression. At that point, the Dems and RINOs will push for a “temporary” halt to free elections and they will then be in total control forever.
That suit! Waw.
Marshall’s employee’s didn’t think that suit would ever get sold, they were wrong.
BIG INSTITUTIONS TRICKS!!!
When market was way up they said you should buy buy buy. When it’s way down they create fear to keep retail investors out. I’m buying the Dip & Hold. WAKE UP PEOPLE!!!!
The only way I can see it going up in the near future is QE
What planet is Elizabeth Warren from
Elizabeth Warren for some reason attempting to be practical, when she and her nutty ideas are the reason for staggering inflation to begin with. Imagine if that Build Back Better insanity was actually passed.
Globalism blows chunks.
Sadly, we still have a long way down. Once the crypto gurus get out of YT and nobody will have the attitude of buying a dip, then we are finally at the bottom.
When the hell has there ever been a soft landing with this level of inflation?
Ray Dalio said FED couldn’t control the inflation this year. We will likely face the stagflation. We have to admit Powell and Joe made mistakes. They didn’t deal with the inflation early. They need to have more actions instead of blaming others.
MEE is the economist version of Jordan Peterson. We are lucky to have him share his perspective.
Once again, great video!
First, we squeeze then we fucking sue !!!
Biden is destroying this country and lying about it the entire time. I wonder when the public will look at his actions-not his words.
Americans need to quit listening to the words of our government…they are walking us off a cliff!
Look at their actions and the results of their actions. It’s easy to see their goal is to break the backs of everyday Americans. It’s working too! Behind they scenes they are tightening regulations on US energy producers which discourages production and future growth. At the same time, we buy just as much oil from others with quite possibly lower standards than ours in terms of pollution. This is all planned and intentional.
Fed is losing its “credibility” partially because experts like him berate fed every time they have chance to criticize. Fed has always been data dependent, that itself might be a problem because it is always lagging, however, i haven’t heard anyone question this data driven approach. If the underlying data driven approach is valid according to those experts, then fed has been very consistent. If there is no war, I wonder if the inflation would indeed be transitory, but we will never know
Elizabeth warren is so stupid. There are two jobs for every applicant.
His answers sound honest, especially admitting his lack of knowledge on crypto predictions.
That suit.
🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍
We Need More Memba berries…
Who said 2.1%??? JP? Inflation?
Who said + 2.1% means what?
Who said after target met quote:
Let it run HOT.
What dat mean? CDA_PLAY
The ironies
🌐✌🌐✌🌐✌🌐✌🌐✌🌐✌🌐✌🌐🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍
Spirit Undefeated
Fed printed so much money and expect no inflation? Are they stupid?
There wasn’t a care in the world when the fed was dumping money on the market
If prices were to come down the retailer will get burned
Most people purchase a house in CASH? there is some wrong happen?
👍💐
Comparing crypto to the invention of the steam engine is a stretch. Steam engines are assets that perform work. They transformed our world. Cryptocurrencies are much more comparable to a series of gambling websites. They are excellent tools for speculation. They often pose as technologies with real-world implications (e.g., supply chain visibility) but in reality ten years and tens of billions of dollars in venture capital investment have not produced any meaningful products. No work is produced, and there are no dividends from positive cash flows. As a speculative tool, they are interesting for people with early access and proprietary information (e.g., VCs and celebrities).
Crypto is not innovation. It is simply just a fancy gamble.
OH WHO KNEW printing $$$ like Zimbabwe could lead to Hyper Inflation???!!!! Certainly not Mr Powell !!!
Fed is bunch of rich guys .they want free loan.nothing is free in this world.
I thought this was the party platform for the Democrat Policy
Squeeze working-class homeowners out of the Real Estate Market
Then the ONLY way for the former working class to make ends meet is to file phony unemployment claims and/or file SSDI Claims
“You will own nothing and be happy”
This is the kind of world we’ve made for ourselves and our children, better have no enemies when the light goes out, due to the economic criss, wars and rate of unemployment I think now is the best time to invest and make more money for the future.
I m from Ukraine investing now will be a very wise choice to secure a better future for my family God help us.
Investing today is priceless because tomorrow isn’t promised, trading Bitcoin gold, stock, Forex, sliver and crypto to secure a better tomorrow.
Interesting, most people don’t understand the market moves and tend to be mislead in the fact like this and always depend on the bank and very bad ideas.
Its nice for people to talk about investment because it always beats cash..
make El Erian the next FED chair?
Senator Warren last week points out that Central Banks /Federal Reserve has failed to lead the economy to nip inflationary and may over react to inflation and trigger a recession more painful. Global Economy growth is dropping, and global economic demand is increase and global economic supplies decreasing. This is due to the Russian invasion of the Ukraine… the Global Economy is dealing with Stagflation…. Recession is very possible… best possible solution is low growth low inflation
There might be an economical turmoil but there is no doubt that this is still the best time to invest.
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James sorry but i need to step in here. You are incorrect
It’s amazing to me this guy is still on TV after his firm committed massive fraud. Like i truly dont understand, they paid a massive fraud fine about a month ago, yet they continue to have on this scam artist. i work in the industry too, at a firm bigger than his. it blows my fucking mind.
lady… biden is doing nothing but destroying people. he is only doing what will position himself for profit. There are NO inherited problems within the corrupt as HELL gov. It is the way that it is because that is the way ‘they’ want it to be. That should be obvious to anyone by now!
This guy has been wrong consistently for past 4 years. Honest truth is anyone can have a prediction but markets prove them wrong. Stay invested and keep investing per your risk profile. Don’t listen to any of these clowns in suits.
Chairman El-Erian: “I certainly cannot figure out the fair value of cryptocurrency”
Stoned gamer on Tik-Tok : “I got it NAILED brah”
$6k Bitcoin Fair Value
Powell is scared and knows that there could people with “serious weapons” like malativs and pitchforks at the Fed doorsteps. Let’s get rid of money and go to a credit system with no inflation. An hour of your time in 1987 should be worth and hour of your time in 2030.
One thing nice about losing to liberals during election…..their voters suffer more after the election….who are they kidding when they say they are ok..🤣🤣🤣🤣🤣🤣….while we on the other side ride it out so comfortably….as Biden pelosi throw crumbs to their voters…..we eat steak and lobsters…..mmmm🤣🤣🤣🤣🤣
Chinese poor are now richer than American liberals…..and the Chinese poor don’t need to loot, steal or commit crime to survive this world….🤣🤣🤣🤣🤣🤣
Fair value for bitcoin? Zero. It’s amazing listing to an intelligent man talk *sheisse*
Just take the money back from the top earners who got it. They have their money in commodities now. Just take it back by taxating them. They will still be billionairs.
The wildcard in all this is the the War in Ukraine. It appears Russia is winning, IF they stop when they take over the Donbas, you can discount a recession and oil will come down 50 cents a barrel in one day. That will abate inflation and Powell doesn’t have to raise interest rates any further or .25 basis points. That of course didn’t happen yet and it may not happen for a couple/few months or longer, so what does Powell do in July? Raise the rates 50 or 75? I guess we will see how the numbers look and the War in the next month.
Is also nice that Mohamed can talk about this and he doesn’t have to pull the trigger. He is an outside observer commenting on what he would do, but he doesn’t make the decision – easy position for him to be in. I think we all need to see and wait. I think it will all work out well, but I’m not an expert, just a hopeful guy.
Supreme Court just swooped in and stole the victory on that one… US kicking themselves while they’re down 😆 if you don’t think every city in the US going to be shut down this summer you don’t have a woman in your life
EL – Erian want’s Hyper inflation .
Sum real estate vid mentioned a recession coming how can he know that n y did the president not see it coming I believe yall been knowing n stealing money for yourselves yall dnt seem worried till we riot n take wars owed to us.fukentrashass snakes!!
IN A FEW MONTHS OR NO TIME PEOPLE WILL DEFINITELY KICK THEMSELVES REGRETTING FOR MISSING THE OPPORTUNITY TO BUY OR INVEST IN CRYPTOCURRENCY.
You are right, to be a successful person in life require him or her of hard work and time
Just accept it, it’s coming.