Mohammed El-Erian

Renowned economist Mohamed El-Erian has voiced concerns over the increasing late payments on credit cards and auto loans in the United States, sparking discussions on the economic implications. What Happened: On Sunday, El-Erian took to X to share his views on an article from the Wall Street...

Allianz chief economic adviser and noted economist Mohamed El-Erian said he believes the last few weeks of data suggest a recession can still be averted. "Now, that’s a good thing," he told Bloomberg TV. "Just look at food inflation in today’s print — it’s very easy to see that it...

Allianz chief economic adviser and noted economist Mohamed El-Erian has said the tone of Federal Reserve officials in their recent commentary indicates there may be a coordinated attempt by central bankers to ensure markets' understanding of Chair Jerome Powell's statements. Federal Reserve Chair...

Weekly seasonally adjusted employment insurance claims were down again as of Sept. 4, hitting a low of 310,000, down 35,000 week-over-week. This is the lowest that claims have been since March 2020, when the figure 256,000 claims, according to the latest Department of Labor statistics....

The stock market could drop as much as 30% from the record highs reached earlier this year before bottoming out, the chief economic advisor at Allianz, said Monday.  The economist, Mohamed El-Erian, also said on CNBC's "Sqawk Box" that most retail investors should stay...

For the second straight morning, U.S. investors concerned about an imminent recession received data suggesting the economy is stronger than expected. The S&P 500 traded higher on Friday morning after the U.S. jobs market bounced back from a relatively weak November reading and exceeded...

The Labor Department reported U.S. payrolls climbed by a seasonally adjusted 160,000 in April, the weakest monthly gain since September. The unemployment rate held steady at 5 percent, but the jobs report was certainly on the weak side. What does the sluggish report it mean for the stock market...

U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...

Concerns are propping up again over whether Greece is about to default on its debt, despite receiving a bailout months ago. There are also concerns of a potential early election. The yield on 10-year Greek government debt is back up over 10%, hitting 10.37%. This is a 6.5% spread over the same...