The @FT on #UK consumer confidence registering its highest level since the start of the #Covid-19 shock. #economy https://t.co/QNeoj22JvG
Mohamed A. El-Erian Mon 08 Mar 2021 12:37

Today's #InternationalWomensDay comes at a time when Covid-19 has significantly worsened existing gender inequalities. It highlights the urgent need to address more forcefully existing structural vulnerabilities -- and especially those pertaining to the inequality of opportunity.
Mohamed A. El-Erian Mon 08 Mar 2021 12:17

As US yields head higher and as the US-German yield differential reaches 190 bps for 10-year #bonds, #dollar continues to strengthen (DXY chart below) All this is putting some pressure on US stocks and, in particular (see weekend tweet), those having benefited from large inflows. https://t.co/WrV5lSFPHh
Mohamed A. El-Erian Mon 08 Mar 2021 12:12

Oil — Brent — is currently trading over $70 a barrel in response to the earlier attack on production installations in Saudi Arabia. #oil #trading #markets #economy #saudiarabia https://t.co/Wwg4FZ8Qjg
Mohamed A. El-Erian Mon 08 Mar 2021 02:52

With #markets so conditioned by #CentralBanks, keep an eye on the ECB this week. #Europe is battling a double dip recession, vaccines have lagged and officials worry about higher yields. Yet it’s not clear how comfortable the @ECB is in expanding the use of imperfect policy tools
Mohamed A. El-Erian Mon 08 Mar 2021 02:42

From @McKinsey #economy #ecommerce https://t.co/GM8iuiljTs
Mohamed A. El-Erian Sun 07 Mar 2021 23:07

Relatively less busy, though still interesting, "week ahead" for global #markets/#economy. Re policy: @ECB's Governing Council meets in the face of what some officials regard as an "undue tightening" of financial conditions. Re data: Look in particular for US #inflation. CPI/PPI.
Mohamed A. El-Erian Sun 07 Mar 2021 20:42

2/2 The charts below illustrate these two aspects: The first, from @zerohedge , highlights the enormous recent private flows into #stocks; and The second, from the @FT, points to a risk factor -- in what are regarded as "peripheral" market segments -- worth keeping an eye on #EM https://t.co/cZ7lK8BzoI
Mohamed A. El-Erian Sat 06 Mar 2021 18:36

As some know, I've been of the view that #Markets have been dominated by massive/reliable liquidity injections,with #CentralBanks recently crowding in more private flows; #Investors rightly surfing this huge liquidity wave should keep an eye on possible risks to its integrity...
Mohamed A. El-Erian Sat 06 Mar 2021 18:31

We are so grateful to have such a lovely southern Californian sunset during our Friday evening walk after a long week. Wishing you all a lovely weekend. https://t.co/L2xcjphCdx
Mohamed A. El-Erian Sat 06 Mar 2021 01:55

I just love how our wonderful pup, Bosa, finds a way to rest right in the middle of my “floor filing system” (I.e., my workday mess). #dogs #DogsofTwittter https://t.co/vW1UUUzIzw
Mohamed A. El-Erian Sat 06 Mar 2021 00:20

RT @FaceTheNation: ??In conversation with @margbrennan, top economist @elerianm calls for "healthy" and "sustained" re-opening of US econom…
Mohamed A. El-Erian Fri 05 Mar 2021 20:25

Today's "Big Read" from the @FT is on "The unravelling of Lex #Greensill: a mix of bravado and financial alchemy" The article seeks to address both the immediate issues and possible longer terms ones (including a discomforting en-passant reference to AIG). Link https://t.co/NUdZgACKUX
Mohamed A. El-Erian Fri 05 Mar 2021 20:10

Yes another wild session for US #stocks After traveling yesterday a high-low road of some 900 points, the Dow has had a 500 point trip so far today...with an important difference: As of now all three major indices are up over 1%. Don't expect this volatility to end any week soon https://t.co/oT6UZQR0NX
Mohamed A. El-Erian Fri 05 Mar 2021 19:50

H/T @davidmwessel and consistent with my conversation just now with @margbrennan. It's a worrisome development ... that, as discussed, will require a greater policy focus. @FaceTheNation #economy #jobs #diversity #inclusion #inequality #GenderEquality #gendergap #BLM #equality
Mohamed A. El-Erian Fri 05 Mar 2021 18:40

RT @FaceTheNation: Over 11 million people could lose unemployment benefits in the next month unless Congress acts on another #COVID19 relie…
Mohamed A. El-Erian Fri 05 Mar 2021 17:40

The recent string of stronger US economic data has--rightly--led to higher projections for US growth, consumption and investment. The biggest wildcard is the ongoing #Covid race -- that is, between vaccines (+ve), infections (+ve but more tentative), and new variants (uncertain). https://t.co/Fe6GaRv82j
Mohamed A. El-Erian Fri 05 Mar 2021 17:15

Another volatile day for US #stocks with #tech underperforming again. Currently, the NASDAQ is down 1.6% while the S&P loss is limited to 0.4% and the Dow is flat This dispersion is part of a bigger tendency (see below) #economy #markets #investors #investing #bigtech #volatility https://t.co/rE6i0B2j59
Mohamed A. El-Erian Fri 05 Mar 2021 16:25

4 charts--from @markets, @nytimes and @wsj --that place key elements of this morning's US #jobs report in a historical context. They point in particular to the important leg up in employment creation, the need to do a lot more, and the worrisome dispersion among population groups https://t.co/6pPuM0ee3l
Mohamed A. El-Erian Fri 05 Mar 2021 15:25

Yet another leg up in yields as the monthly #employment report shows #jobs creation of 379,000 compared to consensus expectation of 200,000. The good news for the labor market/economy will put further pressure on a #Fed that has repeatedly signaled its focus on labor market slack https://t.co/kwK90QUtDk
Mohamed A. El-Erian Fri 05 Mar 2021 13:45

From the article in The Economist on the effectiveness of the vaccination effort in the UK #vaccines #covid_19 #covid #covid19 @TheEconomist https://t.co/fk9BM9FC3J
Mohamed A. El-Erian Fri 05 Mar 2021 03:09

Some in #markets will see this as a sign of economic confidence on the part of the Chinese authorities ...reinforcing what’s been a notable pickup in investment flows into #China. Others will stress the importance of the quality of growth, something that China needs to improve on https://t.co/xSxk4woePT
Mohamed A. El-Erian Fri 05 Mar 2021 01:29

RT @SaraEisen: .@elerianm makes sense of Powell’s “lose-lose” situation on rates
Mohamed A. El-Erian Fri 05 Mar 2021 00:48

RT @CNBCClosingBell: Federal Chair Jerome Powell's comments on inflation sent stocks lower. "The problem wasn't in what he said, is in how…
Mohamed A. El-Erian Thu 04 Mar 2021 22:03

A volatile day for #markets that once again demonstrated the extent to which both #stocks and #bonds can be heavily -- and excessively -- influenced by comments from the @FederalReserve. The Dow #traded in a 900-point range, from almost 200 points higher to over 700 points lower. https://t.co/FFOpmoeZDk
Mohamed A. El-Erian Thu 04 Mar 2021 21:53