Gross, El-Erian Disagree on Fed Rate Hike
Bill Gross says Fed has data it needs to start raising rates in September; Mohamed El-Erian says Fed will wait for the next jobs report.
El-Erian: Fed to Hike Rates in September
The impending tightening of monetary policy, the economist says, will be "the loosest tightening in the modern history of central banking."
Bill Gross: Still the Bond King—The 2015 IA 35 for 35
In spite of a tumultuous few months, the eccentric bond fund manager is still making waves.
El-Erian: American Dream Is Under Threat
The Allianz chief economic advisor listed some possible solutions to income and wealth inequality, from least to most controversial.
The 2015 IA 35 for 35
These advisor advocates, investors, politicians and thought leaders have stood out over the past 35 years and will influence financial services for decades to come.
Bernanke Joins PIMCO as Senior Adviser
Former Fed chair was recently hired as an adviser to a hedge fund, and will continue as a fellow with the Brookings Institution.
El-Erian: Most of My Money Is in Cash
El-Erian tells Orange County Register he's keeping his wealth in cash because “most asset prices have been pushed by central banks to very elevated levels."
El-Erian: ‘Wow Jobs Report’ Sets Stage for Rate Hike
The February jobs report confirms that beauty is in the eye of the beholder, with Mohamed El-Erian smitten by data many others find unsightly.
Now Comes the Hard Part for Greece
Friday’s accord was necessary but far from sufficient. The larger challenges ahead to resolve the Greek crisis will be far more difficult to overcome.
PIMCO Chief Economist McCulley Exits (Again) as Gross Era Ends
“He will be missed more than they know,” Bill Gross, now at Janus, said in an email.