by Mohamed A. El-Erian | Jan 16, 2017 | Opinion
Financial markets are in the business of pricing not just current circumstances but also future events. As a result, they tend to be impatient. These days, they are eager to hear more details of what has been widely interpreted as the pro-growth policy agenda of...
by Mohamed A. El-Erian | Dec 14, 2016 | Opinion
The outcome of the Italian referendum last week added to the political, economic and financial uncertainty facing Europe, the world’s largest economic region. Nonetheless, global equity markets shrugged off the turbulence even more quickly than they overcame the shock...
by Mohamed A. El-Erian | Dec 4, 2016 | Opinion
It would be understandable if Italian millennials were feeling apprehensive in the days leading up to the Dec. 4 constitutional referendum. Political processes once believed improbable have already delivered the Brexit vote and the equally surprising election of...
by Mohamed A. El-Erian | Dec 2, 2016 | Opinion
The monthly U.S. jobs report for November that will be released on Friday is unlikely to be so bad that the Federal Open Market Committee would upset market expectations and refrain from hiking interest rates in mid-December. Instead, the data are likely to validate...
by Mohamed A. El-Erian | Nov 20, 2016 | Opinion
This week, the dollar strengthened to levels not seen in more than a decade, raising questions about the causes and sustainability of the increase, as well as the consequences for the global economy. How large is the dollar’s move? The Bloomberg Dollar Spot...
