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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Don't short U.S. economic exceptionalism', says Allianz' Mohamed El-ErianMohamed El-Erian, Allianz Chief economic advisor, joins 'Closing Bell Overtime' to talk the state of the global economy, clashes over global currency, the impact of tariffs and U.S. politics and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Allianz, Erian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is 'excited' about growth and productivity prospects, says Allianz's Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor, discusses Republican control of the Senate, Trump's momentum, and more.
Persons: Allianz's Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Senate
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoft landing is 'most likely' outcome, says Allianz' Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor, joins 'Closing Bell Overtime' to talk the market, the state of the U.S. economy, crude oil's pullback and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Allianz, Erian Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Allianz chief economic advisor Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor, joins ‘Closing Bell’ to discuss how the Fed is approaching economy, market response to its recent rate cut, and more.
Persons: Mohamed El, Erian Mohamed El, Bell Organizations: Allianz, Erian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is expecting too much from the Fed, says Allianz's Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor, joins 'Power Lunch' to discuss recession fears, Fed rate cuts and his market outlook.
Persons: Allianz's Mohamed El, Erian Mohamed El Organizations: Erian, Allianz
Stock futures were mostly flat on Tuesday evening as Wall Street looks to keep a strong start to the week going with a key inflation report on deck. S&P 500 futures and Nasdaq 100 futures were also down less than 0.1%. The speed of the rebound is making some Wall Street pros uneasy. The market did get a piece of good news on Tuesday when the producer price index report showed cooler inflation than expected. "I think the inflation risk is much lower than the unemployment risk," El-Erian said.
Persons: Dow, I'm, Mohamed El, Erian Organizations: Dow Jones, Nasdaq, Allianz Locations: Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump would be a 'triple whammy' for inflation if reelected, says Allianz's Ludovic SubranLudovic Subran, Allianz chief economist, joins 'Squawk Box' to discuss the Fed's inflation fight, rate path outlook, impact of the 2024 election on the global economy, and more.
Persons: Allianz's Ludovic Subran Ludovic Subran Organizations: Trump, Allianz
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe 'pro-European' stance of France's left-wing is what matters, Allianz chief economist saysLudovic Subran, chief economist of Allianz, analyses the French election results and what they could mean for fiscal policymaking.
Persons: France's, Ludovic Subran Organizations: Allianz
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed should consider cutting in July, says Allianz's Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor, joins 'Closing Bell' to discuss the Fed's next moves and the economy.
Persons: Allianz's Mohamed El, Erian Mohamed El Organizations: Erian, Allianz
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMohamed El-Erian: Hoping the Fed delivers two rate cuts starting JulyMohamed El-Erian, Allianz chief economic advisor and president of Queens’ College, Cambridge, joins ‘Squawk Box’ to discuss the latest market trends, his expectations from the Fed, and more.
Persons: Mohamed El Organizations: Erian, Allianz, Queens ’ College , Cambridge
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis Fed is 'overly data-dependent,' says Allianz chief economic advisorMohamed El-Erian, chief economic advisor at Allianz, says the U.S. Federal Reserve has "turned into a play-by-play commentator—and that's not the role of the Fed."
Persons: Mohamed El, , that's Organizations: Allianz, U.S . Federal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiggest mistake the Fed can make is continue to be too data dependent, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, what to expect from February's CPI data, the Fed's interest rate outlook, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSupply-side issues make getting inflation to 2% 'really, really difficult', says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the state of the economy, the Fed's interest rate path outlook, latest market trends, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHot CPI data was a 'wake-up call' to people who got carried away, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, the hotter-than-expected CPI data, the impact on the Fed's rate path decision, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed isn't going to cut rates as aggressively as the market thinks, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to preview the Fed's two-day policy meeting this week, rate path outlook, latest market trends, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Inflation looks to be stuck above the Fed's target rate, top economist Mohamed El-Erian said. If the Fed lowers inflation to 2% too quickly, it risks "crushing" the economy, El-Erian has warned. AdvertisementThe Federal Reserve's inflation fight has hit a wall, and central bankers can't lower prices in the economy any further without causing damage, according to top economist Mohamed El-Erian. El-Erian warned last year that inflation would likely get stuck around the 3%-4% mark, thanks to persistent pressures in the economy that will push prices higher, he said. Other commentators on Wall Street have warned of the possibility of resurgent inflation as price pressures in the economy linger.
Persons: Mohamed El, Erian, Organizations: Service, Allianz, Bureau of Labor Statistics, Bloomberg, CPI, stoke, El, New York Fed, Cleveland Fed Locations: El, That's, Red
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMy hope is the Fed targets a 3% inflation instead of 2%, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, the state of the economy, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Fed, Erian, Allianz, Queens ' College , Cambridge
New York CNN —Billionaire investor Charlie Munger, the long-time friend and business partner of Warren Buffett, has died. Berkshire Hathaway, the investment firm where Munger served as vice chairman, said in a press release that Munger passed “peacefully” on Tuesday morning in a California hospital. Charles Thomas Munger, known by his nickname, “Charlie,” was born on January 1, 1924, in Omaha, Nebraska. Buffett told CNBC in 2021 that after their first meeting, he knew “I’m not going to find another guy like this …. “If people weren’t so often wrong, we wouldn’t be so rich,” Munger said during a 2015 Berkshire Hathaway annual shareholders meeting.
Persons: Charlie Munger, Warren Buffett, Berkshire Hathaway, Munger, Charles Thomas Munger, “ Charlie, , Wall, Munger’s, “ Berkshire Hathaway, Charlie, Mohamed El, ” Whitney Tilson, Buffett, , ” Munger, “ I’m, CNN Munger, — CNN’s Nicole Goodkind Organizations: New, New York CNN, Berkshire, US Army, University of Michigan, Harvard Law School, Berkshire Hathaway, Erian, Allianz, CNN, Forbes, CNBC, Xerox, Daily Journal Locations: New York, , , California, Omaha , Nebraska, Southern California, Japan, Omaha, Berkshire, Munger, Los Angeles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUpside surprise has led people to be overly optimistic about next year, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, economic outlook, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat's priced in for rate cuts next year 'is probably too aggressive', says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, why he believes the 'narrative ping pong' about the type of economic landing market analysts are expecting is far from over, the Fed's inflation fight, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Inflation will drop sharply, but prices won't get back to the Fed's 2% target soon, Mohamed El-Erian said. AdvertisementAdvertisementThe economy will soon see a sharp drop in inflation – but that still won't be enough to return it to the central bank's target, according to top economist Mohamed El-Erian. Headline inflation accelerated 3.7% year-per-year in September, slightly above the expected 3.6% clip. Meanwhile, core inflation accelerated 4.1% year-per-year, in-line with economists' forecasts. Headline inflation is expected to accelerate 3.28% year-per-year, while core inflation is expected to remain mostly level at 4.16%, according to the Cleveland Fed's Inflation Nowcast.
Persons: Mohamed El, Erian, , Goldman Sachs, Neel Kashkari, Powell Organizations: Bloomberg, Service, Allianz, Federal, Minneapolis, of Labor Statistics, Cleveland
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe cannot have a Fed that is reacting to yesterday's data all the time, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the Fed's inflation fight, why he believes the four most important central banks effectively called a 'time out' on policy action over the last two weeks and should use the strategy wisely, economic outlook, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBuyers are hesitant in view of what's happening to the supply of government debt: Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, the state of the economy, volatility in the Treasury market, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge, Treasury
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market has lost its 'policy, technical and economic' anchors, says Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, surging Treasury yields, the Fed's inflation fight, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe key question for markets is whether the Israel-Hamas conflict is contained: Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor and president of Queens' College, Cambridge, joins 'Squawk Box' to discuss the latest market trends, the impact of the Israel-Hamas conflict and geopolitical tensions, and more.
Persons: Mohamed El, Erian Mohamed El Organizations: Erian, Allianz, Queens ' College , Cambridge Locations: Israel
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