elerian

Why isn’t the price of US Treasuries falling after the S&P downgrade; why are equities under pressure; and why is gold surging? Developments in Treasuries appear, at first sight, the most puzzling. more...

Weighing in on whether the Fed will give a third round of quantitative easing, with Mohamed El-Erian, Pimco CEO. more...

Housing, credit, public finances, and the labor areas of the economy are currently impaired and until the country gets over those structural impairments, economic growth will be tough for a while, says Mohamed El-Erian, Pimco CEO/Co-CIO, who also mentions that Washington needs a growth strategy...