Mohamed A. El-Erian
President, Queens' College, Cambridge Uni. Allianz, Gramercy advisor. Wharton Professor. Lauder Senior Fellow. Former Pimco CEO/co-CiO. Chair Cambridge Union.
عرض في 𝕏سلاسل التغريدات
The usual monthly table of returns for assets/asset classes. Another strong month translates into an impressive first-quarter performance for all shown here. More to follow via @op...
The yield on the 10-year US government bond is currently trading above 4.70%. Simply put: Last year was about #markets adjusting to higher rates. This year is about markets adjusti...
From the @WSJ, a neat way to summarize the main takeaways from the three main indicators in this morning's monthly JOLTS release for the US (vacancies, layoffs and the quit rate):...
While the implied market probability did come down, #traders and #investors don’t expect yesterday’s better-than-expected US #inflation numbers to stop the #FederalReserve from hik...
The University of Michigan survey data disappointed on both US consumer sentiment and long-term inflation expectations. At the headline level, look for this to fuel some #stagflati...
Worth keeping an eye today on #PacWest as #markets react to its release of information on deposits (down almost 10% in a week) and planned strategic sales. (For background: https...
US CPI #inflation is due out today. Consensus forecasts are for a monthly headline of 0.4%, and 0.3% for core, taking the annual measures to 5 and 5.5%, respectively. Compositional...
Re below from the @FT: @ECB President @Lagarde is right. I would add that the risk of fragmentation of the global system, which was one of the three top challenges discussed at la...
Here comes the #Fed press conference. Hopefully, Chair #Powell has internalized the content and implications of the study and, this time around, will neither add to volatility nor...
Whether it’s the 1-day or 1-month chart, the wild roller coaster for US 2-year yields continues, highlighting the urgent need for a proper policy anchor. Per today’s @FT column, t...
"This" approach to @FirstRepublic was missing in last weekend's US intervention on #SVB (and in marked contrast to the UK's; see link for background). What "this" is lies somewhere...
This is the typical regulatory response to a financial accident that surprised the Federal Reserve. It is warranted if last week’s bank failures were due to a broad structural wea...