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Mohamed El-Erian

Mohamed El-Erian is President of Queens’ College, Cambridge University, an adviser to Allianz and Gramercy and a best-selling author. He previously served as chief executive and co-chief investment officer of Pimco, deputy director of the IMF and president and CEO of Harvard Management Company. He is the Rene M. Kern Practice Professor at the Wharton School of the University of Pennsylvania. Mohamed is also a director of Under Armour.
  • Monday, 14 April, 2025
    Markets InsightTrump tariffs
    Untangling the spaghetti bowl of tariffs

    Public disagreement within the Trump administration has grown over the past two weeks

    US President Donald Trump
  • Thursday, 3 April, 2025
    Markets InsightGlobal Economy
    US tariff shock underscores the instability of a shifting world

    The global economy is on a bumpy journey to an unknown destination

    A trader on the floor of the New York Stock Exchange
  • Tuesday, 11 March, 2025
    Markets InsightMarkets
    What lies behind the dramatic shift in markets

    The sudden change in investors’ growth expectations for the three largest economies is upending many consensus trades

    The New York Stock Exchange on Wall Street
  • Friday, 14 February, 2025
    Markets InsightUS economy
    The mounting risks to US exceptionalism

    Trump’s fire hose of policy changes could make companies more cautious on spending and investment

    Hands of Donald Trump signing a paper
  • Tuesday, 4 February, 2025
    Markets InsightGlobal Economy
    ‘Global south’ concept fuels unrealistic aspirations

    Shifts in global economic and financial order are making this concept less effective

    Russia’s President Vladimir Putin gives a speech during the extended format meeting of the Brics summit in Kazan
  • Monday, 20 January, 2025
    Markets InsightGlobal Economy
    Trump needs to mind the gaps

    A dispersion of economic outcomes at home and abroad risks derailing promising initiatives

    Donald Trump
  • Monday, 23 December, 2024
    Markets InsightFederal Reserve
    Fed’s flip-flops risk undermining US exceptionalism

    The central bank’s highly reactive policy approach of recent years amplifies financial volatility

    Jay Powell speaks at a press conference
  • Tuesday, 3 December, 2024
    Markets InsightGlobal Economy
    An extraordinary global economy will require extraordinary agility

    Policymakers need to adjust their approaches including through pre-emptive negotiations with the incoming US administration

    Donald Trump
  • Tuesday, 5 November, 2024
    Markets InsightUS presidential election 2024
    Five economic areas the incoming US president needs to tackle

    New administration must find a way to maintain growth while repositioning the economy

    Kamala Harris and Donald Trump
  • Monday, 21 October, 2024
    Markets InsightGold
    Why the west should be paying more attention to the gold price rise

    Buying of the precious metal reflects rising interest in alternatives to the dollar-based financial system

    A worker lifts a gold bullion bar from a conveyor machine in South Africa
  • Monday, 30 September, 2024
    Markets InsightFederal Reserve
    The Fed’s insurance policy

    Big interest rate cut is yet another evolution in paradigm of liquidity dominance

    A screen on the trading floor at the New York Stock Exchange displays a news conference with Federal Reserve chair Jay Powell on September 18
  • Friday, 13 September, 2024
    Markets InsightUS interest rates
    The big question is what comes next after the Fed’s rate cut

    Bond investors could easily be caught off guard if liquidity conditions fail to loosen significantly

    The seal of the Board of Governors of the Federal Reserve System is displayed on a window at the Federal Reserve building in Washington, DC.
  • Friday, 23 August, 2024
    Markets InsightFederal Reserve
    Market volatility looks more likely post-Jackson Hole

    Ironically, Jay Powell’s speech has encouraged markets to run even faster and with more confidence

    A television station broadcasts US Federal Reserve Chair Chair Jerome Powell speaking in Jackson Hole
  • Monday, 5 August, 2024
    Markets InsightGlobal Economy
    Policymakers need to rethink some rules

    On both sides of the Atlantic, the configuration of strictures on central banks and governments may risk economic wellbeing

    Rachel Reeves
  • Tuesday, 23 July, 2024
    Markets InsightGlobal Economy
    Why I am now optimistic that economies can break out of a rut

    For the first time in two decades, the potential for a step up in western growth is real and promising

    Jobseekers at a career fair in North Carolina, US
  • Monday, 8 July, 2024
    Markets InsightFederal Reserve
    What the Fed should put on the Jackson Hole agenda

    Central bank should use the summer to address issues key to America’s economic wellbeing and global financial stability

    Jay Powell at last year’s Jackson Hole meeting
  • Tuesday, 18 June, 2024
    Markets InsightFederal Reserve
    Fed needs to cut interest rates sooner rather than later

    Delay by US central bank in easing monetary policy could jeopardise soft economic landing

    Federal Reserve chair Jay Powell
  • Thursday, 30 May, 2024
    Markets InsightMonetary policy
    Europe may soon discover the limits of decoupling on rates

    Monetary policy in advanced countries is diverging in a manner that was thought highly unlikely just a few months ago

    The European Central Bank in Frankfurt, Germany
  • Thursday, 2 May, 2024
    Markets InsightFederal Reserve
    Powell’s dovishness is right, but not for the reasons he believes

    Fed is unlikely to get to its 2% inflation target unless it is willing to impose major damage on the economy

    Federal Reserve chair Jay Powell
  • Friday, 19 April, 2024
    Middle East war
    Markets are a frog in boiling water on Iran-Israel

    While the reaction to the latest hostilities has been tame, the global economy is too fragile for a new crisis

    Protesters inTehran on Friday after Israel’s retaliatory strike on Iran
  • Monday, 8 April, 2024
    Markets InsightAsset allocation
    Inverted pyramid of investments needs shoring up

    The shift towards more opportunistic and tactical positions is risky

    Pyramids
  • Tuesday, 26 March, 2024
    Markets InsightMonetary policy
    A turning point in central banking

    Last week’s monetary policy moves mark a shift away from strict inflation targeting

    Federal Reserve building
  • Tuesday, 5 March, 2024
    Markets InsightChinese business & finance
    Foreign investors are right to see China as a trade more than a long-term bet

    Country faces clear and present danger of falling into middle-income trap

    Pedestrians carry umbrellas while walking through the Guomao central business district in Beijing
  • Thursday, 15 February, 2024
    Markets InsightArtificial intelligence
    How Gen AI will change asset management

    The industry serves as a natural experiment for a technology that will change practices, organisations and regulations

  • Monday, 29 January, 2024
    Markets InsightGlobal Economy
    The conflicting forces at work in the global economy

    The outlook is brighter but a legacy of over-indebtedness, low-quality growth and darkening geopolitics must be dealt with

    A view of a crude oil tanker in the  Suez canal
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