El-Erian: Don't Fade the US Too Early

Queens' College Cambridge President and Bloomberg Opinion columnist Mohamed El-Erian discusses Fed Chairman Jerome Powell's comments on inflation and he says investors should not "fade the US too early." He speaks on "Bloomberg Surveillance."

[@Elclassicodelaelbe]

Close your eyes and el-erian turns into Morgan freeman

[@Duke_of_Prunes]

I was so mesmerized by el-erian's eyebrows that I didn't notice his voice 🐛

[@acornsucks2111]

But he wants to be Johnathan.

[@kennethward2537]

kikikikikikiki🤣🤣🤣🤣🤣

[@Sonofawildanimal4241]

Why don’t we keep rates higher for longer?

[@rajendranpullat]

That is what the Fed is doing now 😊

[@Holdontight1123]

People will still not buy anything even if rates come down. Energy is way too expensive

[@CanYTrespectMyPrivacy]

Energy is still well capped by the recession fear. If that fear is gone, we can see a rerun of 22 in the gas price to the $4.5 range. The Powell will cry again.

[@Holdontight1123]

@@CanYTrespectMyPrivacy it's 3.65 in cincinnati ohii

[@fahadkn90]

The bubble gets larger and larger.

[@johnarmlovesguam]

So does the pot.

[@rayr3137]

He also said don't buy the huge sell off after Covid 😅

[@tedstriker6743]

Fed estimating inflation will be higher than estimated at 2.6% by year end but still planning on cutting rates. Will someone please replace them they have been weak less and continue to! Inflation is the biggest threat to our economy!

[@user-ue8dc5mk6i]

Maybe they won’t cut rates this year. They might have said that to test markets’ enthusiasm and see if that would push up inflation.

[@kunghsu1]

Everybody says that but you cannot do anything about it, vote Trump in may not be the solution, could be even worse.

[@gregorymalchuk272]

We need a ZERO INFLATION central bank target!

[@tedstriker6743]

@@gregorymalchuk272 agreed! We need to be a zero for wages to catch up with the 25% increase in inflation over the last three years

[@waltertodd4479]

On no, market strength dominants over inflation. Bankers and wall street tycoons take priority over 2/3s of the citizens of the usa who cant even pay their ever rising rents and cost of food.

[@TheCullousus]

Rich get richer...

[@960john]

A couple of years ago he said he was invested mainly in bonds. I mean, he's not a stock picker and nobody knows his track record as an investor..

[@Liberalcali]

It’s so bad everything is so expensive I don’t even eat just to pay my bills

[@danielstewart8339]

Liar or bot

[@mazharsoufi5270]

love alerian

[@M1Fortunes]

That's right..."Don't fade the US"

[@milosnestorovic1594]

Inflation is not the main and biggest problem, that's clear complete...

[@Lwellj45]

The only thing that makes the U.S. exceptional is our ability to print money with only small consequences

[@user-ue8dc5mk6i]

That’s so true

[@drscopeify]

The USA does not print money, it sells treasury notes. The world during times of uncertainty rush to buy secure assets to safe guard their monetary value and USA treasury benefited from that during COVID and the inflation cycle. However, even that does not account for GDP, just because you inject capital does not always lead to growth. You need human capital, brains, creativity, ingenuity, hard working people to create that otherwise you just flood the economy with money leading to mass inflation if not hyperinflation like you see in Argentina. The USA had less inflation than most of the advanced economies in this recent cycle but has long term inflation pressures like lack of manpower which is why the USA needs immigration more than any other country, not becasue of population aging as much as the high demand for people.

[@ssuwandi3240]

​@@drscopeify True. It's China's buying spree of US Treasury that saved her from the 2008 crisis.

[@lserranov]

Mohamed is very smart, he is able to see and communicate things that other economists are not able to do. However he changes narrative often. As example, like 1-2 months ago we was using the narrative that US should do rate cuts, and now that Fed is closer to do rate cuts, he is concerned about inflation. Maybe he just likes views for his videos?

[@SB-nh7uv]

thats because he is data dependend.

[@johndorobasr1515]

Trademark of his brilliance (and humility) ... when the facts change, he is one of the first to recognize and understand the implications as well as formulate his solution. One of my favorite analysts.

[@acornsucks2111]

19 vote, its not just Jerome.

[@georgemaximus694]

The solution to “when something breaks” is simple. Just ignore it and keep being bullish… that’s what Wall Street does all the time.

[@majormoolah5056]

If you make the Swiss Franc the world reserve fiat currency, then Switzerland will become the exceptional economy.

[@prolific1518]

Can't bet against Biden's PPT in his reelection year

[@pbreedu]

This guy might be the smartest living economist. Milton Friedman and John Keynes could have been smarter, but I'm not entirely sure.

[@alexanderbSpeaker]

Not true . USA is huge. But South Korea, Taiwan, Israel all of progress there

[@Skizzy2121]

El Erain is someone who can’t call any shots. It could be this, it could be that. What a winner.

[@JuaqiemMckelvy3214]

Smart Mexican 🤔

[@jameshur5159]

US is the best place to do business… ❤

[@jarrodyuki7081]

i have two wingmen and one anduril lasers swarms drones and mavs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[@SeeStars65]

abit heavy on his makeup.

[@CO8848_2]

Election year bull market, don't fight the fed

[@esioanniannaho5939]

Yep December onwards Busts if the banks don't go bust !!!!!

[@jarrodyuki7081]

i have two wingmen and one anduril lasers swarms drones and mavs!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!