A majority of small-business owners expect a recession within a year, according to the CNBC/SurveyMonkey Small Business Survey. Recession fears are higher among women, Democrats and Independents.
The Fed is likely to hold interest rates steady for the entire year after hiking four times in 2018, predicts the Allianz chief economic advisor.
U.S. government debt prices were lower on Tuesday morning, as market participants await to hear from President Donald Trump.
U.S. economic growth may cool off but that doesn't mean there's a crisis ahead, says widely followed economist Mohamed El-Erian.
The U.S. economy is "in a really good spot," Mester says in an interview with CNBC.
El-Erian argues that the central bank under Chairman Jerome Powell made an error in changing the number of potential interest rate hikes next year.
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" with guest hosts Joe Terranova of Virtus Investment Partners and Thomas Farley, Far Point Acquisition LLC CEO, to share what he's watching in the markets going into 2019.
The absence of a December hike would have signaled to the market that monetary policy is being determined by President Donald Trump, who has been critical of the central bank's policies, former Wells Fargo CEO Richard Kovacevich says.
Economist Mohamed El-Erian warns Wall Street that being overly concerned about an economic recession could actually cause one.
Mohamed EL-Erian, Allianz chief economic advisor, joins 'Squawk Box' to discuss the current volatility in the markets and how to handle it going forward.
Jerome Powell would likely say "it's about time the markets stand on their own feet" in response to stocks sinking Wednesday following his press conference, economist Mohamed El-Erian says.
"It is very hard for the Fed right now to go back to three hikes," says Mohamed El-Erian, chief economic advisor at Allianz.
Financial markets signal that the torrent of American CEOs pulling out next week's Saudi investment conference is not a great concern, the Allianz economist says.
"It wouldn't surprise me if we get 3 percent growth for this year and next year," Mohamed El-Erian, chief economic advisor for Allianz, said of the U.S.
All the trade rhetoric from the U.S. and China is about the journey, not the destination, and the destination will not be global trade war, says Allianz's Mohamed El-Erian.
Mohamed El-Erian, Allianz, discusses what he sees coming from the trade war.
Trump's trade stand toward China could become a "Reagan moment," echoing President Ronald Reagan's tough approach with Russia during the Cold War, El-Erian says.
El-Erian says the probability of a rate hike in September is more than 50 percent, citing "headwinds from the rest of the world."
The U.S. and China are in the early innings of a "real, live trade war" and prominent economist Stephen Roach thinks it's the U.S. that is on course to lose.
After tumbling 70 percent from its peak, bitcoin is reaching a point where Mohamed El-Erian thinks it could be a buy. The chief economic advisor at Allianz said Friday that the cryptocurrency would be worth considering if it falls before $5,000.