40 Quotes by Mohamed El-Erian

Having been forced into being the only game in town, they (Central banks) now find that their destiny is no longer entirely or even mostly theirs to control. The legacy of their exceptional period of hyper policy experimentation is now in the hands of governments and their political bosses (p. 265).

America's downgrade may serve as a wakeup call for its policymakers. It is an unambiguous and loud signal of the country's eroding economic strength and global standing. It renders urgent the need to regain the initiative through better economic policymaking and more coherent governance.

Investors have few spare tires left. Think of the image of a car on a bumpy road to an uncertain destination that has already used up its spare tire. The cash reserves of people have been eaten up by the recent market volatility.

There seems to be no limit to the exciting possibilities that come from combining technical innovations, the Internet, and social media.

Because in the New Normal you are more worried about the return of your capital, not return on your capital.

The best and most sustainable love story for markets is one based on a healthy and dynamic real economy that creates jobs and opportunities for many more people.

The world is on a bumpy journey to a new destination and the New Normal.

As a whole, investors should welcome attempts to safeguard the integrity of markets. You need very clear rules applied to markets.

After many decades of Disney movies, we have been conditioned to expect princesses to fall in love quickly with their charming princes and 'live happily ever after.'