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Wall Street's Recession Indicator Has Been Flashing For 16 Months, But A Key Ingredient Is Missing: Analysts
Thursday, February 29, 2024 - 1:25am | 660The U.S. economy is currently experiencing a peculiar situation. A crucial recession indicator has been flashing for over a year, yet the other vital component of a downturn is nowhere to be found, DataTrek Research wrote in a note. What Happened: The spread between the 10-year and three-month...
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Can The US Continue To Be A Driver Of Global Economic Growth? Mohamed El Erian Says Automaticity Of A 'Very Soft Landing' Challenged By These 3 Key Factors
Wednesday, February 28, 2024 - 12:58am | 731The U.S. economy’s position as the primary driver of global growth is being questioned, despite optimistic forecasts. What Happened: This concern was raised by economist Mohamed El Erian in an article he shared on X, formerly, Twitter on Tuesday. "Together, all these factors challenge...
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El-Erian Says Our Economic Situation Has Reached 'Critical Mass'
Monday, March 23, 2020 - 1:03pm | 442Economic disruptions to help curtail the spread of the coronavirus started off small, but have now reached "critical mass" in the U.S. and across the world, Allianz Chief Economic Advisor Mohamed El-Erian said on "Bloomberg The Open." Benzinga is covering every angle of how the...
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El-Erian Warns Against Buying Any Market Dip
Monday, February 3, 2020 - 3:43pm | 368ALLIANZ SE/ADR (OTC: ALIZY) Chief Economic Advisor Mohamed El-Erian wrote a Financial Times op-ed over the weekend and argued investors shouldn't buy any dip stemming from the coronavirus. On Monday, he was a guest on CNBC to further explain his thesis. Coronavirus Is Different,...
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What The Experts Are Saying About Italy's Chaos
Tuesday, May 29, 2018 - 2:30pm | 640U.S. stocks were hit hard Tuesday, partly due to political turmoil in Italy as the country's President Sergio Mattarella rejected an economic ministry nominee who holds a "euroskeptic" stance. Cramer: Italy Needs A 'Transformation' Italy's economy and political system is...
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This Is What The Nobel Prize-Winning Economic Theory Means For Traders
Saturday, October 14, 2017 - 11:59am | 811This year’s Nobel Prize-winning economist sits in no ivory tower. The research of the University of Chicago’s Richard Thaler, regarding the fundamental humanness of finance and the irrational nature of decision-making, has directly influenced market practices. Agree! @R_Thaler...
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El-Erian Says Bitcoin's Fair Value Is Half Of Its Current Value
Wednesday, September 13, 2017 - 1:53pm | 293Allianz's chief economic advisor Mohamed El-Erian can be added to the growing list of notable investment and economic experts who aren't bullish on bitcoin. The famed economist was a guest on CNBC's "Squawk Box" segment Wednesday and explained that while bitcoin is certainly a "disruptive"...
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El-Erian: The Trump Trade Has Been Replaced
Wednesday, May 24, 2017 - 12:32pm | 369Economist Mohamed El-Erian was a guest on CNBC Wednesday to explain why the "Trump trade" is over and what it has been replaced with. The Trump trade refers to investors buying stocks under the assumption that President Trump's administration will implement favorable policies to...
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Analysts Are Now Offering Their Take On France's Election
Monday, April 24, 2017 - 2:42pm | 600The first round of France's national election is over to the delight of investors. Centrist Emmanuel Macron and far-right nationalist Marine Le Pen will move on to the second round of voting in early May. Here is a summary of what analysts are saying about the election results and the surge in...
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3 Factors Driving Stocks Higher And 2 Headwinds That Could Depress Stocks
Tuesday, February 21, 2017 - 2:19pm | 264Mohamed El-Erian, Allianz's chief economic adviser, was a guest on CNBC's "Squawk Box" segment on Tuesday and discussed three factors are moving stocks higher and two factors that could put a dent in the ongoing rally. El-Erian argued that the three factors boosting stock markets higher across the...
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Mohamed El-Erian On Playing The Market Post-Brexit: 'Let The Dust Settle'
Friday, June 24, 2016 - 8:42am | 317Noted economist Mohamed El-Erian was a guest on Benzinga's Premarket Prep show Friday morning and offered his expert analysis following a 'leave' victory in the Brexit vote. According to El-Erian, investors should "let the dust settle" in financials before considering...