El-Erian Says U.S. Jobs Report Raises Policy Dilemma

Sep.04 -- Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, says the U.S. economy still needs stimulus due to rising household economic insecurity and lower productivity. He speaks with Bloomberg’s Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.

[francisdelacruz]

For large companies less uncertainty on health issues would help. If there is more certainty and awareness that by end 2021 the pandemic would be controlled, less extreme cost cutting may be done by corporates. Repositioning for growth 2021 may present opportunities for growth as changes needs to be made corporate level due to pandemic, it's a different world post Covid requiring new processes and approaches.

[motiveation]

They will pass stimulus so they can give more money to airlines

[andrewhill]

It's ok, jobs report is "better than expected"

[jasontodd]

All i know is that if a relief bill is not passed things will get much worse .So many people cannot find jobs .Everyone is fighting for a 10.00 hr job.

[eshmunvideochannel]

"around 10 million people still haven't found jobs". Mohamed the number is actually 13.55 million, but I suppose 3.55 million people don't really count for people like you and others who ride the Fed's gravy train.