Allianz

Somewhat quietly, the materials sector is enjoying a very solid year. The Materials Select Sector SPDR (NYSE: XLB) is up 15.2 percent, putting the largest materials exchange-traded fund in the upper echelon of the sector SPDR ETFs. Although the materials sector is one of the smallest sector...

Allianz's Chief Economic Adviser Mohamed El-Erian was a guest on CNBC Wednesday and offered a three-point plan for the U.S. economy to avoid a recession. According to El-Erian, the Federal Reserve and central banks across the world have already maxed-out on their ability to spur economic...

The Bank of Japan kept its interest rates unchanged in a surprise move, as market participants were widely expecting the central bank to introduce further stimulus measures. Following the decision to stand pat, the question investors are now asking is if the Bank of Japan has lost its...

Federal Reserve Chairman Janet Yellen said the central bank of the world's largest economy should exercise caution in proceeding with the monetary policy. "In particular, developments abroad imply that meeting our objectives for employment and inflation will likely require a somewhat lower path for...

The primary source of market fears that have driven the S&P 500 down 10.9 percent so far in 2016 is China’s weakening economy. In a new report, Goldman Sachs analyst Allison Nathan looked at how China fears have impacted global financial markets and whether those fears are excessive....

The European Central Bank on Thursday announced a 10 basis point cut in the deposit rate to -0.3 percent, as expected. The ECB also announced an extension of its QE program until at least March 2017. Speaking to Benzinga, Mohamed El-Erian noted the ECB "did not go as far as markets...

Minutes from the Federal Reserve's October meeting suggested that "some participants" felt that the conditions for policy normalization process had already been met. The minutes added that "most participants" anticipated conditions could "well be met" by December to justify a rate hike. Speaking...

US October jobs data were better than expected when it was reported on Friday. The unemployment rate, private payrolls, and nonfarm payrolls data all improved month-over-month. Mohammed El-Erian, Allianz's Chief Economist, told Benzinga that the "comprehensively strong"...

After losing 0.8 percent on Wednesday, the S&P 500 again opened lower on Thursday and continued to trade down by more than 1 percent. Mohamed El-Erian, Allianz chief economic adviser, was on CNBC recently to discuss his outlook for the United States and global markets and how it is going to...

Mohamed El-Erian, chief economic adviser at Allianz, was on CNBC Thursday to discuss why investors should start investing less in equity markets and look for opportunities in the startup space. Here is what he said. Barbell It! "The point I was making is become more barbelled," El-Erian...

Greece is running out of cash at a much higher rate than previously thought and yet there are no signs of a deal with its international creditors to resolve liquidity issues concerning the country. Mohamed El-Erian, Allianz chief economic advisor, was on CNBC Monday to discuss the possibility...

According to most policy makers, a rate hike seems imminent as the economy continues to show signs of good health. However, market participants are worried that raising rates could put the brakes on the bull market that began after the financial crisis. Mohamed El-Erian, Chief Economic Advisor...