Mohamed El-Erian

This is an investment world that will reward much greater selectivity and dynamic asset allocation

The baseline is becoming less attractive and more uncertain, and the possibility of highly negative scenarios become greater.

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Over the last 18 months or so, the quick and easy interpretation of inflation data has turned out to be incorrect. Will it be different going forward?

Historically cheap pricing is not enough given the macro headwinds

Both the real economy and the financial system are in a destabilising phase for both public and private investors

Organisation suggests there is a broader crisis as it revises down its projections for economic growth

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Governments and private sector must adopt more unified approach in response to Beijing

Can too much of a good thing complicate the orderly exit from loose monetary policies?

Central bank and markets face tricky pivots to avoid damage from a policy mistake

The implications of a variant of Covid-19 will play out beyond the borders of Britain and complicate the progress made toward a return to normalcy.

As the global economy emerges from lockdown, leaders are grappling with decisions about how to move forward.

The central bank’s guidance on interest rates is more dovish than even the most sanguine bulls had hoped.

Central bankers and finance ministers gathered in Bali dismiss prospects for a synchronized pickup in growth.

As expected, the Fed left interest rates unchanged and stated that it would start reducing its balance sheets “relatively soon.”

What does game theory tell us about how Delta’s new incentives for “voluntary denied boarding?” Could passengers rig the system against the airline?

The BOJ experiments at the wrong time