Mohamed El-Erian

Fragmentation risks economic and financial instability unless accompanied by government action

Sustainability of the AI-driven investment boom and China’s export machine is uncertain

Unusual swings in markets and consensus economic narratives point to longer-term forces

Markets have been trained to expect lower rates at the first sign of volatility. Powell mustn’t give in to temptation.

It’s only a matter of time before economists start slashing growth forecasts for the US economy

Mean reversion in markets is far from guaranteed in a world of economic dispersion and tech exceptionalism

Britain must think strategically about trade and investment to set the right tone with the incoming US president

New administration must find a way to maintain growth while repositioning the economy

Buying of the precious metal reflects rising interest in alternatives to the dollar-based financial system

The Kansas City Fed’s conference is a golden opportunity for the world’s most important central bank to regain control of the policy narrative