Bitcoin Will Not Reach $100K: Allianz’s El-Erian Says

Mohamed El-Erian – Chief Economic Adviser at Allianz – thinks bitcoin will never emerge as a global reserve currency, and its price will not surpass the $100K milestone. Still, he believes the cryptoc...

The Fed must do two things to re-establish credibility, Allianz’s El-Erian says

Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief econ...