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2021 expectation on the global economy with Mohamed El-Erian

AIM Summit, Released on 12/16/20


• 2021 expectation on the global economy: how long is it going to take for the global economy to get back to normal? are we having a new norm?
• How Covid-19 is impacting economic growth and what is next for the markets
• Why is there such a disconnect between the stock market right now and what is going on with the economy at the street level? Why wall street is disconnected from the main street?
• Brexit: The UK’s negotiations with the EU have dragged on through multiple déjà vu moments, who will suffer more from this divorce? How will both their economy fare in the coming year
• With Pfizer and Moderna vaccine announcement, crude oil are pushing beyond the 42.00$ per barrel as the outlook for demand next year has joined forces with expectations that OPEC won’t raise its production levels after all. Can the energy markets return to its previous status?

Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world’s largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smith Barney/Citigroup in London and before that, he spent 15 years at the International Monetary Fund in Washington, D.C. His latest book is The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.

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