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El-Erian: Low-Income Americans Are Near Recession, Putting Rest Of Economy At Risk

by The Wealth Advisor Contributor
Mohamed El-Erian, chief economic adviser at Allianz, is warning that lower-income Americans are under "significant pressure".
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Featured

Michael Burry’s Scion Fund Is Deregistered, SEC Filing Shows

Michael Burry’s Scion Asset Management has terminated its registration status with the SEC.

Morgan Stanley Joins Rivals In Rolling Out Private Company Research, Memo Shows

Morgan Stanley (MS) launched a dedicated private company research page on Tuesday.

BofA Says AI Excitement Is Eclipsing Other Investing Opportunities

For every mega AI deal that has rolled through, lifting investor hopes that the AI transition is here to stay, there's a revival of jitters —

Recent

Washington Wire
16h ago

These Are The 37 Donors Helping Pay For Trump's $300 Million White House Ballroom

President Donald Trump says his $300 million White House ballroom will be paid for “100% by me and some friends of mine.”

FundFocus
17h ago

Has Talk Of An AI Bubble Become Its Own Bubble?

Has talk of an AI bubble become… its own bubble?

Washington Wire
17h ago

US Labor Department Urged To Prioritize November Employment, CPI Data Post-Shutdown

Economists say the production of November employment and inflation reports should be a priority to ensure the Fed officials have the information.

Washington Wire
1d ago

The Shutdown Put Jobs And Inflation Data On Hold. Here’s When It Could Be Back — And What It Might Say

Economic data releases that have lagged during the government shutdown likely will take some time to get rolling again.

  • More Articles

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Economy

'Already Too Late': Hedge Fund Billionaire, Who Predicted 2008 Financial Crisis, Gives Big Warning Over Trump Tariffs

News

‘Big Short’ Investor Michael Burry Accuses AI Hyperscalers Of Artificially Boosting Earnings

The Trust Advisor

Leonard Lauder’s Family To Sell $1 Billion Worth Of Estée Lauder Companies Shares

Companies

SoftBank Sells Its Entire Stake In Nvidia For $5.83 Billion

Crypto4Advisors

Bitcoin Traders Are Still Rattled After $340 Billion Wipeout

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