Mohamed A. El-Erian

elerianm.bsky.social

01 December 2024 23:40

Remarks on Wednesday’s from Federal Reserve Chair Jay Powell, as well as at least eight other Fed speakers during the week; Signals from ECB President Christine Lagrade at her parliamentary testimony; and Budgetary negotiations in France where the government’s tenure appears tenuous. #economy 2 of 2

Mohamed A. El-Erian

elerianm.bsky.social

01 December 2024 23:40

The week ahead in the global economy is dominated by data and remarks from central bankers including: Friday’s jobs report for the US, where the consensus forecasts are for monthly job creation of 200,000 and an unemployment rate of 4.1%; PMI’s for China and several other Asian economies; 1 of 2

Paul Krugman

pkrugman.bsky.social

01 December 2024 23:38

Weight-loss drugs have been pioneered by Denmark; mRNA vaccines were developed in Germany. Airbus has taken a clear lead over Boeing in the category of "planes that don't fall apart in midair." Yes, the U.S. is way ahead in AI. But are we sure the overall narrative about technology is right? 2/