PIMCO’s Mohamed El-Erian says there is about a one-in-three chance that the global economy enters recession by the end of the year. “Every data point that comes out tends to…
Tag: Mohamed El-Erian
El-Erian: Retain Optionality, Because Opportunities Will Be There
PIMCO’s Mohamed El-Erian says that it’s good news that countries like China are willing to cut interest rates to spur growth, but that there are major questions about whether that…
El-Erian: Be Cautious Amid Global Slowdown
PIMCO’s Mohamed El-Erian says the recent U.S. jobs report is very worrisome. El-Erian tells PIMCO that it’s part of a trend in which “every major part of the global economy…
El-Erian: Macro Headwinds Battling Micro Strength
PIMCO’s Mohamed El-Erian says that the U.S. economy is having trouble gaining traction, as evidenced by the latest GDP report. El-Erian tells Bloomberg that in addition to the headline growth…
El-Erian: Unemployment Data Good, But Economy Not At "Escape Velocity"
PIMCO’s Mohamed El-Erian sees a lot to like in the March jobs report, but says a number of concerns remain for the economy. El-Erian tells Bloomberg that in addition to…
El-Erian Talks Jobs, Economy, Greece
PIMCO’s Mohamed El-Erian says it’s “too early to declare victory”, despite the strong recent jobs numbers. El-Erian does tell CNBC that the numbers are very encouraging, but adds that it…
El-Erian: U.S. Problems Can Be Fixed, If Pols Get Act Together
PIMCO’s Mohamed El-Erian says the odds of a new U.S. recession are between 33% and 50%. “This is a fragile economy,” El-Erian tells Bloomberg. “It doesn’t mean we don’t have…
Gross & El-Erian See Weak Growth, and the Need for Gov't Spending
In a rare joint interview, PIMCO’s Mohamed El-Erian and Bill Gross say that the US will continue to experience slow growth because of structural problems with the economy, and that…
El-Erian: Debt Deal Should Lift Markets, but Downgrade Still Possible
PIMCO CEO Mohamed El-Erian says that if passed, the proposed debt ceiling compromise should be enough to lift markets across the globe. “This two step agreement is sufficient to lift…
El-Erian Talks Deficit Reduction, Interest Rates
PIMCO’s Mohamed El-Erian says he’s more optimistic than he was a few months ago about U.S. deficit reduction, though he says it’s a complex issue that won’t be easy to…