Investors are now worrying about Chinese growth, in addition to U.S. inflation and Federal Reserve policy mistakes, El-Erian told CNBC.
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Mohamed El-Erian: ‘Full-scale stagflation worries’ on China Covid concerns slammed global stocks
World
Kenya drops over $2.5 billion of Adani deals after U.S. indictment
Gautam Adani, billionaire and chairman of Adani Group, during an event at the Port of Haifa in Haifa, Israel, on Tuesday, Jan. 31, 2023. Kobi Wolf | Bloomberg | Getty Images Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process that had been expected to award control of […]
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Stocks gyrate as Nvidia gives up opening gain: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on Oct. 8, 2024. Michael M. Santiago | Getty Images Stocks seesawed in early trading Thursday as Nvidia gyrated following the release of its latest quarterly results. The Dow Jones Industrial Average added 95 points, or 0.2%. The S&P 500 dipped […]
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Britain’s ‘mini-budget’ disaster should serve as a warning to the U.S., bond strategists say
Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024. Bloomberg | Bloomberg | Getty Images Fears are mounting that the U.S. could soon experience its own version of Britain’s “mini-budget” crisis, with bond strategists warning that Donald Trump’s return to the White […]
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