Tag
#Mohamed El-Erian
Economy
El-Erian warns US has weeks to avoid recession as gasoline hits $4.39
Mohamed El-Erian says the gasoline surge is becoming a consumer-spending shock, leaving the US only a narrow window to avoid recession.
By Helena Brandt
Economy
El-Erian says $4.39 gasoline is turning oil shock into recession risk
A jump in average gasoline prices to $4.39 is testing the consumer cushion that has kept US growth alive, sharpening recession warnings from Mohamed El-Erian and Mark Zandi.
By Sloane Carrington
