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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.
  • Tuesday, 7 October, 2025
    Markets InsightSovereign bonds
    What is happening in France may not stay in France

    Bond markets are losing patience with political paralysis

    Sebastien Lecornu walks out of a doorway holding papers, near the EU and French flags, appearing solemn
  • Monday, 29 September, 2025
    Markets InsightMarkets
    The influence of ‘geoeconomics’ is growing

    Financial anomalies are another sign of how political factors are shaping economic policies and markets

    Stephen Miran, governor of the US Federal Reserve
  • Monday, 1 September, 2025
    Markets InsightUS politics & policy
    The real significance of the US court ruling on tariffs

    The case is an important test in the escalating power struggle between the US executive and parts of the judicial system

    Donald Trump holds a chart listing reciprocal tariffs for various countries while speaking at a podium.
  • Monday, 25 August, 2025
    Markets InsightFederal Reserve
    Powell’s risk-averse stance at Jackson Hole missed an opportunity

    The Fed chair has left it for his successor to address key issues facing the world’s most influential central bank

    Jay Powell gestures while speaking indoors at the Jackson Hole Economic Policy Symposium.
  • Thursday, 31 July, 2025
    Markets InsightEquity valuation
    Reasons for caution amid America’s triumphant market surge

    With most traditional valuation indicators now flashing amber, investors should be vigilant

    A television broadcasts US President Donald Trump on the floor of the New York Stock Exchange
  • Thursday, 10 July, 2025
    Markets InsightUK economy
    The UK should press ahead with the inevitable on tax

    Delays in dealing with fiscal pressures risk further damage to household consumption, corporate investment and overall growth

    Rachel Reeves
  • Wednesday, 9 July, 2025
    University of Cambridge
    Cambridge university voters gear up to elect new chancellor in contested poll

    Several candidates raise concerns over ballot registration and campaign protocols

    John Browne, Gina Miller, Mohamed El-Erian
  • Friday, 13 June, 2025
    Markets InsightMarkets
    Middle East upheaval comes at a bad time for the global economy

    This latest instability is stagflationary and may add to the erosion of the US-led economic order

    People look over damage to buildings following Israeli air strikes
  • Monday, 2 June, 2025
    Markets InsightFederal Reserve
    The Fed’s demanding next months

    Central bank needs to mix playing defence with going on the offensive with a new policy framework and improved communication

    The Federal Reserve building
  • Monday, 12 May, 2025
    Markets InsightGlobal Economy
    US tariff policy accelerates deeper structural changes

    Unusual swings in markets and consensus economic narratives point to longer-term forces

    Traders work on the floor of the New York Stock Exchange
  • 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
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