Mohamed El-Erian says the market is seeing right through the Federal Reserve's attempt to "fool" the market

Bloomberg, Released on 5/6/22

Mohamed El-Erian, a Bloomberg Opinion contributor, calls the April U.S. employment report "generally strong" and says the market is seeing right through the Federal Reserve's attempt to "fool" the market.

Part 1 (parts 2 & 3 below)

Mohamed El-Erian, a Bloomberg Opinion contributor, says markets haven't priced in liquidity and credit risk and there is no safe haven in the current marketplace.

Part 2

Mohamed El-Erian, a Bloomberg Opinion contributor, says the Federal Reserve has a credibility issue with the American people and with markets.

Part 3

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.

Mohamed El-Erian says the market is seeing right through the Federal Reserve's attempt to "fool" the market added by Herman James on 05/05/2022View all posts by Herman James ?+'