'VERY UNCERTAIN TIME': Mohamed El-Erian warns markets face more violent shocks

Allianz chief economic advisor Mohamed El‑Erian warned that a series of shocks are hitting markets and raised stagflation fears, highlighting risks to growth alongside persistent inflation. He pointed to implications for the Federal Reserve's policy path and urged caution as these dynamics could elevate market volatility and prompt risk‑off positioning.

Analysis

Allianz chief economic advisor Mohamed El‑Erian warned that a series of shocks are hitting markets and raised stagflation fears, highlighting risks to growth alongside persistent inflation. He pointed to implications for the Federal Reserve's policy path and urged caution as these dynamics could elevate market volatility and prompt risk‑off positioning.