Mohamed El-Erian, Bloomberg

The good and better of the January jobs report

Mohamed El-Erian, Bloomberg
February 6, 2015
El-Erian thinks this jobs report indicates that the breakout moment for wages has finally arrived.

Why low crude oil price may persist

Mohamed El-Erian, Bloomberg
December 29, 2014
Having seen numerous fluctuations in the energy markets over the years, many analysts and policy makers have a natural tendency to “look through” the latest drop in oil prices—that is, to treat the impact as transient rather than as signaling long-term changes.

Has the Fed created the newest bubble?

Mohamed El-Erian, Bloomberg
June 10, 2014
Essentially, the Fed has been pushing stock and bond prices up to "bubblish" levels, in the expectation that they will inspire the kind of consumer spending, physical investments and hiring required to subsequently justify them. The hope is that the convergence will occur in the context of full employment.

ECB's big bang is impressive

Mohamed El-Erian, Bloomberg
June 5, 2014
After dropping hints for several weeks, the ECB made history today by doing what no major central bank has done outside a major financial crisis: It pushed the rate on bank deposits to minus 0.1%.