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Mohamed El-Erian: The average family is stretched beyond belief

Yahoo Finance, Released on 1/14/21

Queen’s College University of Cambridge Mohamed El-Erian discusses bond yields, the economy, inflation, GDP, the markets, the outlook for the economy, and the mental stress people are going through.

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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