Archive List for Mohamed El-Erian

Mohamed El-Erian: The average family especially if they have young kids are stretched beyond belief

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yahoo finance

0 #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. 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 […]

El-Erian on the economy and coronavirus: It will be depend on whether people modify behavior

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yahoo finance

Mohamed El-Erian, chief economic adviser at Allianz, told Yahoo Finance’s On the Move Thursday that the recent economic data including second-quarter GDP and new data on weekly unemployment claims points to a “square-root” shaped recovery, with some leveling off now under way. “It is the square-root recovery in the sense that we came down very sharply, we saw that in today’s 32.9% annualized contraction in GDP that you mentioned,” El-Erian said. “We came back strongly initially — we saw that in last month’s jobs report and the initial improvement in jobless claims, and now we’re getting the leveling off.” “And that is of worry because not only do we have […]