The Big Regime Shift

Mohamed El-Erian, chief economic advisor at Allianz, tells New York Times best-selling author Larry McDonald why he sees the carry trade and market structure as the weakest links in the economic cycle. El-Erian then defines which macro policies present the greatest risks going forward. He also shares some of the lessons he’s learned along the course of a long and varied career in the financial world. Filmed on April 2, 2019 in New York. Find more information about Larry McDonald’s work at

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