Mohamed El-Erian Quotes

Mohamed El-Erian — Egyptian Businessman born on August 19, 1958,

Mohamed A. El-Erian is Chief Economic Adviser at Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer at PIMCO, a global investment firm and one of the world's largest bond investors, with approximately $2 trillion in assets under management as of December 2013. PIMCO is a company of Allianz... (wikipedia)

Investors have few spare tires left. Think of the image of a car on a bumpy road to an uncertain destination that has already used up its spare tire. The cash reserves of people have been eaten up by the recent market volatility.

As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.

After many decades of Disney movies, we have been conditioned to expect princesses to fall in love quickly with their charming princes and 'live happily ever after.'

It is hard to imagine that, having downgraded the US, S & P will not follow suit on at least one of the other members of the dwindling club of sovereign AAAs. If this were to materialise and involve a country like France, for example, it could complicate the already fragile efforts by Europe to rescue countries in its periphery.

America's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance.

Mohamed El-Erian Quotes

Login with