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 Thu 04 Mar 2021 20:43

Quite an initial reaction of US government #bonds to the remarks by #Fed Chair #Powell. Here’s the 10-year yield. https://t.co/RAFYLQYkP0
Mohamed A. El-Erian Thu 04 Mar 2021 17:48

So wonderful to have an in-house producer — my daughter. ????. A big “thank you” to her. #workfromhome #workinprogress https://t.co/00AhUOtr7d
Mohamed A. El-Erian Thu 04 Mar 2021 17:33

Quite a reaction in international #oil prices in reaction to signals that #OPEC+ is unlikely to relax some of the output curbs implemented . #economy #markets https://t.co/5OVYu7Kx47
Mohamed A. El-Erian Thu 04 Mar 2021 16:18

Ahead of tomorrow's closely-watched monthly US #jobs report, weekly jobless claims were 745,000 (in line with 750,000 consensus expectation) with relatively stable continuing claims (chart) Context is important here A relatively jobless recovery has political and Fed implications https://t.co/2uZBM4rgKN
Mohamed A. El-Erian Thu 04 Mar 2021 13:48

Many surprised about recent dollar strength. Yet: Interest rate differentials have moved more in favor of US #bonds; US #growth prospects have become more favorable relative to most of the rest of the world; and Unlike the @ECB, no #Fed mention so far of "undue tightening" https://t.co/3TPRWz0rN3
Mohamed A. El-Erian Thu 04 Mar 2021 13:18

A chart from Axios illustrating the notable dispersion in stock market performance -- not just between the S&P and NASDAQ, but also between the equal- and market-weight S&P's. #investing #investors #markets #dispersion @axios https://t.co/Pft2OzfiC7
Mohamed A. El-Erian Thu 04 Mar 2021 12:58

GM. Lots of interest today in @FederalReserve Chair #Powell's remarks to a @WSJ conference -- less for what he says about the US #economy and more for what/how much he addresses the recent volatility in bond #markets. Per earlier tweets/articles, he faces a delicate balancing act
Mohamed A. El-Erian Thu 04 Mar 2021 12:53

Yield moderation didn’t last long. Renewed curve steeping is occurring in the context of markets bringing closer (into 2022) the first rate hike, also highlighting a challenge facing the #Fed: How to moderate the move up in longer-dated yields without adding to short-end anxiety https://t.co/k1EF5HYIOR
Mohamed A. El-Erian Wed 03 Mar 2021 19:37

H/T John Authers (whose regular posts on Bloomberg Opinion are consistently informative and insightful). #equities #investing #investment #markets #economy #stocks #bonds #bubble #bopinion @johnauthers @bopinion @markets @economics https://t.co/PpqJ5EEiko
Mohamed A. El-Erian Wed 03 Mar 2021 14:47

The 10% Q-1 US #economy? Per @JeffCoxCNBCcom: Latest readings of 10% growth in both personal income (Friday) and ISM manufacturing (yesterday) are contributing to 10% concurrent growth in this quarter's GDP per the @AtlantaFed's real time (and albeit highly volatile) GDP tracker.
Mohamed A. El-Erian Wed 03 Mar 2021 13:02

RT @LordsEconCom: WATCH LIVE?We're hearing evidence on Quantitative Easing from @rbrharrison at @BlackRock_UK and @elerianm at @QueensCam a…
Mohamed A. El-Erian Tue 02 Mar 2021 19:11

RT @LordsEconCom: “Monetary policy is there to play a support role, so if you think of a car, the driver is fiscal policy at this stage, bu…
Mohamed A. El-Erian Tue 02 Mar 2021 19:11

RT @LordsEconCom: .@elerianm from @QueensCam & @Allianz: “There’s always a co-dependency between financial markets and central banks, but q…
Mohamed A. El-Erian Tue 02 Mar 2021 19:11

RT @LordsEconCom: .@elerianm from @QueensCam & @Allianz: “Monetary policy is being driven by the needs of the economy. Fiscal policy, and t…
Mohamed A. El-Erian Tue 02 Mar 2021 19:11

The new #trading month starts with a strong across-the-board rally in #stocks and other risk assets For the US in particular, this has either already erased or is erasing the late February dip. As to why: it's a combination of good economic/health news, liquidity and policy hopes https://t.co/8RmglC7GS4
Mohamed A. El-Erian Mon 01 Mar 2021 16:55

RT @CNBC: "In relative terms, they've looked cheap and he is absolutely right to do what he's done," @elerianm says about Warren Buffett's…
Mohamed A. El-Erian Mon 01 Mar 2021 15:30

The headline #manufacturing #PMI for #Europe came in at 57.9 for February, the highest level in 3 years and up from 54.8 in the previous month. Also of interest: It remains a 2-speed #recovery; and Some firms are already dealing with supply bottlenecks (from the @FT below). https://t.co/22sIxJ544H
Mohamed A. El-Erian Mon 01 Mar 2021 12:30

More good news on the #Covid-related "horse race" (and, remember, it's a 3-horse race): The vaccine horse is accelerating with the weekend approval of the #johnsonandjohnson #vaccine; The slowing of the infection horse continues; and The new-variant horse is contained for now.
Mohamed A. El-Erian Mon 01 Mar 2021 12:20

Re this data Risk that must be minimized through a well designed policy response is that of a “lost generation” should Short-term joblessness become long-term unemployment; The long-term unemployed become unemployable, losing out to young people joining the labor force every year https://t.co/dbJvHcBlTy
Mohamed A. El-Erian Mon 01 Mar 2021 03:04

The January data for the @JohnWayneAir (Orange County/Santa Ana) illustrate the continued pressure on air travel -- volumes are down some 75% compared to January 2020. #economy #travel #airlines https://t.co/NmkT1O6F53
Mohamed A. El-Erian Mon 01 Mar 2021 02:09

A busy week ahead as #investors seek to recover from recent losses on both #stocks and #bond In addition to lots of #Fed officials speaking, including Chair #Powell, look for: A flood of macro data including US #jobs, Eurozone #inflation and China #PMI; #OPEC+ meeting; #UK budget
Mohamed A. El-Erian Sun 28 Feb 2021 14:29

In an interesting letter (as usual), #WarrenBuffett joins those warning about the level of yields. Here's the link to the letter courtesy of @CNBC Link #investing #investors #bonds #fixedincome #stocks https://t.co/zzDRpf4Tmn
Mohamed A. El-Erian Sat 27 Feb 2021 17:58

From @McKinsey #work #stress #recovery #employment https://t.co/ZhyPYBM6Ql
Mohamed A. El-Erian Sat 27 Feb 2021 16:43

From the “Big Read” in the Financial Times on “the return of the bond vigilantes.” #markets #bonds #economy @FT https://t.co/z5y4w1u1qt
Mohamed A. El-Erian Sat 27 Feb 2021 05:23