Mohamed A. El-Erian
@elerianm
Rene M Kern Prof of Prac at Wharton. Allianz Advisor. Gramercy Chair. Chair of UnderArmour Board. Former Pimco CEO/co-CIO and President of Queens' Col Cambridge
- This chart, illustrating how central bank direct holdings of gold now exceed those of U.S. Treasuries for the first time in some thirty years, is attracting significant attention. #gold #centralbanks #markets #bonds
- And just like that, the yield on the 10-year US government bond, a global benchmark, is back at 4%. #economy #markets #investing #investors
- Today, it is 102 years since my dad was born. While he passed suddenly 42 years ago, his inspiration and influence are as strong today as they were then. I am eternally grateful to him for his love, his encouragement, his kindness, his support, and the example he set for us all.
- Earlier today, we said goodbye to our amazing and much-loved Bosa — the best dog our family could have ever wished for. There is no way to adequately describe the joy and love that Bosa brought into our lives. For the past 14 years, she was always there for us—full of happiness,
- An independent #FederalReserve is critical to the well-being of the US #economy. Having said that, it is getting harder to justify such independence when four big operational errors (of analysis, forecasts, actions and communication) are accompanied by a lack of accountability.
- Forgive me for sounding like a broken record, but today’s market action is so illustrative of something I've been trying to convey for a while now. The notable thing about gold today isn’t just that its price hit yet another record high, but how it has done so: Gold is surging
