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Forward Guidance

The US is Risking Stagflation | Mohamed El-Erian

Mar 7, 2025
Mohamed El-Erian, President of Queens College, Cambridge, shares his insights on the precarious economic landscape. He discusses the February jobs report, highlighting rising unemployment and the looming threat of stagflation. The conversation shifts to inflation trends, particularly in goods versus services, and the impact of tariffs on the economy. El-Erian also analyzes global dynamics, contrasting Europe’s unexpected growth with challenges in China and Japan. Finally, he explores Bitcoin's role in the macroeconomic scene, considering its potential as a digital asset.
34:42

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Quick takeaways

  • The mixed labor market signals an increasing risk of stagflation in the U.S., threatening both consumer confidence and economic growth.
  • Global economic changes, particularly in Europe and Japan, reflect divergent fiscal strategies that could impact the U.S. and global growth trajectories.

Deep dives

Keynote Event Highlights

The upcoming institutional conference in New York from March 18th to 20th promises to be a significant event in the crypto space, featuring renowned speakers and panels. Notable discussions will include a fireside chat with economic expert Mohamed El-Erian and a macro panel featuring Jim Bianco and Joseph Wang. The event aims to foster engaging conversations about the future of digital assets and provide insight into current market conditions. Attendees are encouraged to purchase tickets promptly, as they are expected to sell out quickly.

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