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Top economist Mohammed El-Erian warns markets got ‘drunk on support’ from central bank ‘BFFs’, and now he’s more comfortable keeping his fortune in cash

Top economist Mohammed El-Erian warns markets got ‘drunk on support’ from central bank ‘BFFs’, and now he’s more comfortable keeping his fortune in cash

Mohammed El-Erian of the Wharton School says that recent central bank boosts to interest rates mean cash and cash-like assets are producing strong yields, while stocks and bonds are struggling.

‘Ripple Effect’ explores hybrid work
A person working at home on their laptop with headphones as seen through an open window.

Image: iStock/gorodenkoff

‘Ripple Effect’ explores hybrid work

The Wharton School’s faculty research podcast, “Ripple Effect,” delves into the nature and practice of hybrid work via faculty research, and presents it as knowledge employees can use.

From Knowledge at Wharton