by Mohamed A. El-Erian | May 9, 2017 | Opinion
Once the initial market relief plays out — that, even during an unprecedented “anti-establishment” wave in both Europe and the US, French voters rejected a far right president in Marine Le Pen of the National Front — interest will shift to how relative...
by Mohamed A. El-Erian | Mar 25, 2017 | Opinion
In one of the most highly anticipated Group of 20 communiques in a long time, the US administration appears to have prevailed over the objections of many countries, including from Europe, Australia and China. In an outcome that not so long ago would have been deemed...
by Mohamed A. El-Erian | Mar 22, 2017 | Opinion
The markets’ immediate response to the Fed’s hike on Wednesday included an impressive run-up in stocks and significantly lower yields on US government bonds. Some market observers hailed the benefits of a “dovish hike” by a “Goldilocks Fed.” Others cautioned...
by Mohamed A. El-Erian | Mar 12, 2017 | Opinion
Stock-market investors, especially the very bullish ones who have been proven right and have been richly rewarded in recent years, are in the midst of a gradual transition in their operating regime. Their environment is moving away from comfortable reliance on central...
by Mohamed A. El-Erian | Mar 9, 2017 | Opinion
President Donald Trump’s first speech to Congress on Tuesday night was wide-ranging in coverage, nationalistic in tone and presidential in delivery. The president repeated many of the themes he advocated during the campaign and has reiterated since the Nov. 8th...
