Nine Point One - with Mohamed El-Erian

Published: July 14, 2022, noon

b"Inflation hit a staggering 9.1% over the last 12 months, rising 1.3% for the month of June. The increases were \\u201cbroad-based,\\u201d as the Bureau of Labor Statistics (BLS) put it, touching just about every aspect of our lives\\u2026especially food prices and energy prices. \\n\\nIn anticipation of these new numbers, we invited Dr Mohamed El-Erian back to the podcast. He is President of Queens' College at Cambridge University. Mohamed serves as part-time Chief Economic Advisor at Allianz and Chair of Gramercy Fund Management. He\\u2019s a Professor at The Wharton School, he is a Financial Times contributing editor, Bloomberg Opinion columnist, and the author of two New York Times best sellers. He serves on several non-profit boards, including the NBER, and those of Barclays and Under Armour.\\n\\nFrom 2007-2014, Mohammed served as CEO/co-CIO of PIMCO, which has over two trillion under management. He worked at PIMCO for a total of fourteen years, and was chair of President Obama's Global Development Council.\\n\\nHe also served two years as president and CEO of Harvard Management Company, the entity that manages Harvard\\u2019s endowment. He has been chair of the Microsoft Investment Advisory Board since 2007\\n\\nMohammed is expert in many domains when it comes to the financial markets and the macro economy, but especially - inflation."