• The link to this morning's CNBC conversation with Andrew Ross Sorkin. Thank you Andrew. Link #economy #markets #fed #federalreserve #centralbanks #investing #investors #inflation @SquawkCNBC @CNBC @andrewrsorkin
    Mohamed A. El-Erian Thu 11 Aug 2022 13:19
    Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens' College, Cambridge, joins CNBC's 'Squawk Box' to react to July's key inflation report and what it means for future interest rate hikes from the Federal Reserve.
  • FYI, my thoughts on the better-than-expected US #Inflation report. Link #economy #markets #EconTwitter
    Mohamed A. El-Erian Thu 11 Aug 2022 12:54

    It is a genuine relief to many — including me — that Wednesday’s U.S. inflation numbers came in lower than consensus forecasts had predicted, both for the headline and core measures. This is good news for Americans facing crippling bills, eroding purchasing power and mounting economic insecurity. It is also good news for markets, illustrating the extent to which the economy and finance are aligned on the importance of controlling a multi-dimensional menace that has been eroding the prospects for inclusive and sustainable growth.   

    That’s the good news, and it is welcomed progress after a year-plus of almost nonstop disappointments. Yet, with inflation still too high, it is progress that needs to be maintained and built-upon in the months and quarters ahead, especially given what else the the economy as a whole is telling us.   

  • Today's US jobless claims and PPI data are attracting more attention after the better-than-expected jobs and inflation reports; and they reinforced the latter with negative month-on-month PPI (-0.5% vs 0.2% consensus) and better-than-expected initial jobless claims (262k vs 264k)
    Mohamed A. El-Erian Thu 11 Aug 2022 12:44
  • .@FT's @colbyLsmith: @sffed President Daly says "far too early...to “declare victory” in its fight against elevated #inflation after new data showed a reprieve in consumer price pressures." She's not the only #Fed official worried about a premature easing of financial conditions https://t.co/b1bIlkVgOq
    Mohamed A. El-Erian Thu 11 Aug 2022 11:43
  • Simultaneous sunset and moonrise. #california. https://t.co/71G5QoATaF
    Mohamed A. El-Erian Thu 11 Aug 2022 03:46
  • RT @ClevelandFed: While the year-over-year reading of #CPI #inflation declined from 9.1% in June to 8.5% in July, median #CPI and trimmed m…
    Mohamed A. El-Erian Thu 11 Aug 2022 03:41
  • The @FT on the "#Nasdaq Composite index closing more than a fifth above ([June] lows hit earlier this year." The earlier part of this 20.7% surge overall was led by technicals and relative valuations. Today's 2.9% rise, however, was driven by fundamentals. Link https://t.co/eBjqphUcXH
    Mohamed A. El-Erian Wed 10 Aug 2022 22:34
  • The immediate market reactions to better-than-consensus-forecast #inflation (higher stocks, lower yields, less curve inversion, etc) illustrate, in both scale and scope, the extent to which economics and finance are aligned when it comes to the importance of controlling inflation https://t.co/GAqgj6KYiH
    Mohamed A. El-Erian Wed 10 Aug 2022 14:07
  • Posted earlier today: My thoughts on why it is unfortunately too early to declare that the risk of a US recession is over...and this despite Friday's strong jobs report. Link @FT #economy #EconTwitter #growth #inflation #recession #markets #stocks #bonds #jobs
    Mohamed A. El-Erian Tue 09 Aug 2022 22:18
  • Ahead of tomorrow's US inflation data for July: These two charts from The Wall Street Journal illustrate how the ongoing inflation has eroded the purchasing power of average hourly earnings. #economy #EconTwitter #wages #employment #jobs #compensation #markets #inflation @WSJ https://t.co/dbTRhdpbkH
    Mohamed A. El-Erian Tue 09 Aug 2022 22:13
  • Good morning. FYI, my thoughts on why it is unfortunately too early to declare that the risk of a US recession is over...and this despite Friday's strong jobs report. Link @ft #economy #EconTwitter #growth #inflation #recession #markets #stocks #bonds #jobs
    Mohamed A. El-Erian Tue 09 Aug 2022 14:00
  • US yield curve inversion: 2s-10a will start the Tuesday trading session at -46 basis points. #economy #markets #EconTwitter #bonds https://t.co/uqN3jOsrYb
    Mohamed A. El-Erian Tue 09 Aug 2022 02:11
  • Our family is so sad to hear the news of the passing of Olivia Newton-John. Through her talented trio of acting, singing and song writing, she brought us many smiles, singalongs, and often-repeated sayings. Our thoughts go out to her family and friends. May she rest in peace. https://t.co/8kROwbeNPS
    Mohamed A. El-Erian Mon 08 Aug 2022 19:55
  • On the US data front, some comforting news for a change for the #Fed from the consumer expectation survey conducted by the @NewYorkFed. Specifically, 1-year #inflation expectations fell from 6.8% to 6.2%, 3-year from 3.6% to 3.12%, and 5-year 2.8% to 2.4%. #economy #EconTwitter
    Mohamed A. El-Erian Mon 08 Aug 2022 18:34
  • The US yield curve inversion continues to deepen: 2s-10s currently at -44 basis points. Consistent with my view, detailed tomorrow via the Link, that it’s unfortunately too early to declare the US recession watch over (this despite Friday’s strong jobs report) https://t.co/UzzGWGxGwf
    Mohamed A. El-Erian Mon 08 Aug 2022 13:38
  • The @FT on @ECB action to reduce the risk of "fragmentation" (or, to use the FT's words, "jitters in countries such as #Italy")...and, therefore, reducing the probability of disrupted monetary policy transmission and lower policy effectiveness. Link #economy https://t.co/R5JcQffBfs
    Mohamed A. El-Erian Mon 08 Aug 2022 12:23
  • Striking out seven of the first ten batters he faced, @JdeGrom19’s impressive pitching caps a good weekend for the @mets! #lgm #mets @Braves https://t.co/FJVExCpyP9
    Mohamed A. El-Erian Mon 08 Aug 2022 00:05
  • Another interesting data week for #markets/global #economy including US CPI #inflation where consensus forecasts are for a lower headline (from 9.1% to 8.7%) and a higher core (to 6.1% from 5.9%) Look also for UMich consumer sentiment, China inflation, and UK GDP and retail sales
    Mohamed A. El-Erian Sun 07 Aug 2022 21:19
  • .@markets @RichMiller28 on “Round Two in the battle of dueling narratives on the cost of living,” including “forces that will be pushing and pulling on #inflation” Wages will be important, including companies’ willingness to pay their workers more without passing this into prices https://t.co/FtAaPnILgb
    Mohamed A. El-Erian Sun 07 Aug 2022 13:13
  • Afternoon walk (as “we” are too nervous to watch the second Mets-Braves game of the day). #dogs #dogsoftwitter #lgm #mets @Mets @Braves https://t.co/3ujyXth0DM
    Mohamed A. El-Erian Sun 07 Aug 2022 00:20
  • Notable US data beat: +0.7% for August #RetailSales compared to consensus expectation of -0.8%. Government bond yields moved up on the news -- understandably so as, along with continued indications of supply chain disruptions and wage pressures, this will re-energize taper talk
    Mohamed A. El-Erian Thu 16 Sep 2021 12:46
  • .@AlecJRoss's new book--The Raging 2020s: Companies, Countries, People...and The Fight for Our Future -- is a fascinating and thought-provoking look at the major economic and political forces that have led to today's juncture. It analyzes what's ahead, why, and what can be done. https://t.co/OAo4UtCwqC
    Mohamed A. El-Erian Thu 16 Sep 2021 12:11
  • Multi-decade highs for August #inflation in Canada, UK and some other countries … Confirm that the phenomenon of relatively elevated inflation is quite broad; and Suggest that the transitory aspect is complicated by the global correlation dynamics. More to follow. https://t.co/wemp4k82Sa
    Mohamed A. El-Erian Thu 16 Sep 2021 08:15
  • … and this from the article on inflation by Chris Giles, also in today’s Financial Times #economy #inflation @FT @ChrisGiles_ https://t.co/qQoU0ikO4j
    Mohamed A. El-Erian Thu 16 Sep 2021 06:15
  • Good morning. From this morning’s @ft lead editorial. Highlights an issue that remains uncertain and yet is crucial to the economic outlook — that is, the extent to which behaviors have changed, be it in pricing policy, supply chain management or the attitude to work. #economy https://t.co/rwWuJndKAx
    Mohamed A. El-Erian Thu 16 Sep 2021 06:00
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