Mohamed El-Erian

Confused by Economic Forecasts? There's a Good Reason

With all the varied estimations of the chances that the U.S. is headed into a new recession, someone must have gotten it right ... right? But whom?

As Sentiment Shifts, Pension Funds Could Turn to Stocks

Now, even over-the-top bears like bond giant Pimco are doing a bullish about-face, and that makes it tougher for fund managers to keep avoiding the stock market. If they start returning to a historical stock allocation, that could further boost equity prices.

Pimco: The Tax Deal Will Boost Economic Growth

If the agreement between congressional Republicans and President Obama is ratified, Pimco, which manages the world's largest bond fund, says the stimulative measure will contribute much to economic growth -- and to the deficit.

Interest rates will stay low for a while, say PIMCO and Fed leaders