Behavioral finance specialists will have a field day with the Facebook IPO, as it speaks volumes to an issue that differentiates them from those that espouse the efficient market hypothesis -- namely, that investors can be vulnerable to mistakes dictated by unconscious biases.
Mohamed A. El-Erian | Posted 05.07.2012
Europe's election results sound an alarm for European integration and, consequently, the wellbeing of both the region and the global economy. Let us hope that the inevitable short-term volatility is a precursor to a more decisive effort to deal with the continent's festering problems.
Arianna Huffington | Posted 05.22.2012
Smart delevering isn't just about cutting -- and the relentless emphasis on cutting has obscured the more important question of what is being cut. In far too many cases, our approach to delevering is keeping us from growing, and keeping us from tapping into all our resources.
Charles Kolb | Posted 03.07.2012
Many observers question whether today's business leaders have a heart when it comes to their role in the country's growing income disparity. A more appropriate question might be to ask whether they have a head.
Mohamed A. El-Erian | Posted 01.14.2012
When one compares policymaking episodes around the world it seems clear that there is more at play than the content of policies. The mindset of policymakers and the process of policymaking seem to also have a lot to do with the disappointing outcomes.
Mohamed A. El-Erian | Posted 12.31.2011
American policymakers, together with their European counterparts, are realizing something that Japan has been experiencing for a while: It is very difficult to manage well an economy hobbled by structural impediments and balance sheet excesses.
The Huffington Post | Harry Bradford | Posted 11.30.2011
Policymakers in Europe may be making the economic crisis work instead of better, according to Mohamed El-Erian, CEO of PIMCO, the world's largest inve...
Mohamed A. El-Erian | Posted 11.12.2011
The G-7 is fortunate that it is not required to justify the expenses of its meetings in terms of what is achieved. If it had to, its meetings would be more decisive and/or less frequent.
Mohamed A. El-Erian | Posted 11.02.2011
America is now on the growing list of advanced countries where social cohesion is coming under increasing pressure. If left to fester through inadequate public and private sector responses, this phenomenon will damage the welfare of current and future generations.
Mohamed A. El-Erian | Posted 10.21.2011
America has little time to waste if it wishes to avoid years of insufficient economic growth, devastating unemployment, rising income and wealth inequality, and eroding social cohesion. The time for leadership is now.
Mohamed A. El-Erian | Posted 10.12.2011
If policymakers in America and Europe do not act boldly, and do so in a globally-coordinated fashion, the world risks tipping into a prolonged recession with worrisome institutional, political and social consequences.
Raymond J. Learsy | Posted 10.07.2011
On Friday S&P downgraded U.S debt from AAA to AA+, the first such downgrade in the nation's history resulting in grave concerns over the outlook for the U.S. economy. Yet simultaneously they must have been popping champagne corks at Pimco.
Dylan Ratigan | Posted 09.17.2011
We need leadership to say that this world will not be a lowest common denominator fight over satisfying old debts that cannot be satisfied, with no environmental, labor, or consumer protections.
bloomberg.com | Angus Whitley and Jacob Greber | Posted 05.25.2011
Sept. 28 (Bloomberg) -- The next decade will be as good for investors as the 1990s, said Ken Fisher, the billionaire chief executive officer of Fisher...
The Huffington Post | William Alden | Posted 05.25.2011
Bloomberg hosted the wonkish equivalent of the Ultimate Fighting Championship on Wednesday, which pitted a famously pessimistic economist against a fa...
Mohamed A. El-Erian | Washington Post | Posted 05.25.2011
In sum, the current policy approaches here and abroad are unlikely to deliver a durable and robust U.S. recovery and, critically, create sufficient gr...
Huffington Post | Ryan McCarthy | Posted 05.25.2011
Buried amidst the increasingly gloomy economic news of the last few weeks -- which includes stubbornly high unemployment, rising foreclosures and a gr...
CNBC | Posted 05.25.2011
Despite all the anticipation over today's Federal Reserve meeting, there's little else the central bank can do now to help the economy recover, Pimco'...
Newsweek | Posted 05.25.2011
Four leading economists predict the trajectory of the recovery....
Harry Moroz | Posted 05.25.2011
With the persistence of fiscal deterioration and skyscraper high unemployment, Congress must quickly pass urban jobs legislation. Restarting the economy is impossible without restarting its economic engines: cities.
BusinessWeek | Alison Vekshin | Posted 05.25.2011
Jan. 29 (Bloomberg) -- Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., said he expects the U.S. economy to experience ...
Posted 05.25.2011
NEW YORK (AP -- BERNARD CONDON) -- Homes are selling at their fastest clip in nearly three years, the unemployment rate is falling and stocks are up 6...
bloomberg.com | Rich Miller | Posted 05.25.2011
Sept. 28 (Bloomberg) -- Full employment ain't what it used to be. Economists since the mid-1990s have reckoned that full employment was equivalent ...
Harry Moroz | Posted 05.25.2011
The dismal unemployment report released last week inspired renewed interest in a second economic stimulus, and economists, from Krugman to Feldstein, have led the charge for another injection.
Sheldon Filger | Posted 05.25.2011
Larry Summers, Timothy Geithner and Ben Bernanke may go down in history as the three horsemen of the global financial and economic apocalypse
Mohamed A. El-Erian | Posted 05.22.2012