Mohamed El-Erian

After President Donald Trump unveiled the tariffs on all its trading partners on Wednesday, this economist recalled his analysis of tariffs being used to fund tax cuts. Meanwhile, another senior economist highlighted other possible implications of the tariff announcements. What Happened: Craig...

U.S. stock futures plummeted on Thursday after advancing on Wednesday. Futures of major benchmark indices were down over 2-3% in premarket trading. Invoking a 1977 law, President Donald Trump declared a trade emergency Wednesday, arguing it was necessary to address the U.S.’s "large and...

Former Secretary of the Treasury Lawrence H. Summers, also known as Larry Summers, described the tariffs imposed by President Donald Trump as the “most expensive and masochistic” move by the U.S., which could roil the economy, erasing trillions of dollars. What Happened: Summers...

Leading economists reacted with alarm after President Donald Trump announced sweeping new tariffs on U.S. trading partners, with some projecting potential economic losses of up to $20 trillion. What Happened: “Monstrously destructive, incoherent, ill-informed tariffs based on fabrications,...

Allianz Chief Economic Advisor Mohamed El-Erian highlighted a significant shift in Goldman Sachs‘ outlook for the U.S. economy, noting that the investment bank has given its economic projections a “stagflationary twist.” What Happened: El-Erian noted on X that Goldman Sachs...

Allianz Chief Economic Advisor Mohamed El-Erian outlined a packed week ahead for global markets, with inflation readings, central bank activity, and international developments taking center stage. What Happened: The Federal Reserve’s preferred inflation measure, February Personal Consumption...

After the Federal Reserve Board and Federal Open Market Committee released their economic projections following the FOMC meeting on Wednesday, David Rosenberg issued a strong warning about a potential recession. What Happened: According to the economic projections, the Federal Reserve’s...

U.S. stock futures declined on Thursday following the Federal Open Market Committee’s (FOMC) decision on Wednesday. Futures of all four benchmark indices were lower in premarket trading. On Wednesday, the stocks advanced after Federal Reserve Chairman Jerome Powell announced that the...

Senior economist Mohamed El-Erian has criticized Federal Reserve Chair Jerome Powell’s use of the word “transitory” to describe the potential inflationary impact of tariffs. What Happened: The Federal Reserve held rates steady in the range of 4.25%-4.5% on Wednesday. Despite...

As the S&P 500 enters into a correction zone, leading economists weigh in on whether the U.S. economy is headed toward a recession amid an escalating trade war. What Happened: Lawrence H. Summers, former U.S. Treasury Secretary, lambasted recent tariff policies, warning of potential recession...

U.S. markets rallied on Wednesday after February’s inflation report came in softer than anticipated, bolstering expectations for Federal Reserve rate cuts while investors reassess the economic impact of President Donald Trump administration’s policies. What Happened: Allianz Chief...

Stock futures dropped Sunday evening as investors react to mounting concerns about the U.S. economic outlook and President Donald Trump‘s trade policies. What Happened: Dow Jones Industrial Average futures fell 0.54% to 42,608.00, while S&P 500 futures declined 0.62% to 5,740.00. Nasdaq-...

The S&P 500 and Nasdaq both slipped into the red, reversing early gains on Thursday, while the Dow Jones remained in positive territory in midday trading. NVIDIA Corp. (NASDAQ:NVDA) led the tech sector lower after the company posted its smallest revenue beat in years on Wednesday. Wall Street...

Allianz Chief Economic Advisor Mohamed El-Erian warned that while President Donald Trump‘s evolving tariff strategy may deliver immediate gains, it risks longer-term economic damage through stagflation and eroded U.S. global influence. What Happened: El-Erian explained on X that the Trump...

U.S. tariffs imposed by President Donald Trump on imports from Canada, Mexico, and China are rattling markets and stirring sharp reactions from economists. The measures, which include a 25% duty on most Canadian and Mexican goods and a 10% tariff on Chinese imports, have heightened concerns over...