But the mood at Pimco aren't as bad as some reports suggest, Chief Economist Paul McCulley tells CNBC.» Read More
We should feel a mix of great sadness and heightened concern upon seeing the latest unemployment numbers out of Greece.
With so many understandably focused on Hurricane Sandy and its aftermath, few noticed this week's economic numbers out of Germany — a key part of the European puzzle. Yet the latest data releases could well prove consequential.
As our thoughts remain with all those who have been horribly affected by the devastation that hit the U.S. Eastern seaboard and its aftermath, we are being asked about the implications of Hurricane Sandy for markets
Central bankers have re-inflated the wedge between weak fundamentals and high market prices, but there is a limit to how long prices can deviate from fundamentals, Pimco's CEO says.
The jobs report was good, but markets won’t be able to push much higher until the economic fundamentals strengthen, Pimco CEO Mohamed El-Erian told CNBC Friday.
Mohamed El-Erian, Pimco CEO & Co-CIO, discusses the 7.8 percent unemployment number, and says "the rally can only continue if the fundamentals take control."
The dilemma facing the Federal Reserve is the same dilemma facing the NFL when it comes to replacement refs, Pimco CEO Mohammed El-Erian told CNBC’s “Closing Bell” on Tuesday.
Mohamed El-Erian, Pimco CEO, discusses the Fed's policy of extending quantitative easing and its tie to jobs creation. "They are going to keep their foot on the accelerator well into the recovery," adds El-Erian.
Many feel that Greece's fate, including its continued membership of the eurozone, rests in the hands of the Troika, those charged with evaluating Greek's reform efforts, its financing needs and how they should be met.
Thank you Germany, Italy, Spain and, especially, the European Central Bank. They all said enough to provide markets and investors with a tranquil August so far. The question now is whether they will be able and willing to pivot - from re-assuring words to the series of actions required to enable this tranquility to grow deep roots.
Mohamed El-Erian, CEO and co-CIO at PIMCO, says Paul Ryan's definition of "misguided policies" are different than his own. He also offers insight on Peter Thiel's sale of Facebook stock.
Facebook founder Mark Zuckerberg's reported staff meetings to boost morale reminded us of the important role that public markets play in today's complex global economy.
Recessions, crackups, bailouts — these are profitable times for Mohamed A. El-Erian. The NYT reports.
Mohamed El-Erian, PIMCO CEO & co-CIO, provides his perspective on stabilizing the euro zone; confronting the "fiscal cliff"; and whether the Fed should issue another round of easing.
In this excerpt from a live interview on CNBC's "Squawk Box," Pimco CEO Mohamed El-Erian responds to talk that he could become Egypt's prime minister.
In this excerpt from a live interview on CNBC's "Squawk Box," Pimco CEO Mohamed El-Erian criticizes Congress for political brinkmanship over the upcoming "fiscal cliff."
Expect heated discussions around some July 4th barbeques in the US - not just on the economy, elections and last week's Supreme Court ruling, but also on the follow-through to Friday's impressive surge in equity markets around the world.
Greece’s political leaders still don’t seem to get it, and neither do its official creditors. The longer this problem persists, the greater the challenge of turning around a country already beset by recession, insolvency, distressingly high unemployment and rising poverty.
Would a new Greek government be able to mobilize sufficient internal and external support as it embarks on one of the most difficult economic adjustments in modern European history?
Monday’s disappointing market reception to the bailout package for Spanish banks is a reminder to European policymakers of something that is more than familiar to veteran sovereign crisis managers in emerging countries: The greater the erosion of policymaking credibility, the harder it is to get the private sector to buy into your plans.