Torn pieces of newspaper with words like uncertainty, health care, oil, economic turmoil, and panic

Mohamed El-Erian Warns about a Day of Reckoning

Allianz Chief Economic Adviser Mohamed El-Erian said Tuesday the world economy is at the end of the era of borrowing growth and profits from the future in the form of easy monetary policies. “Either we validate the financial asset prices and growth faster, or alternatively we will slip into a global recession with financial disorder,”…

One hundred dollar bills neatly lined up with a torn piece of paper reading "stock market crash?"

A Recession Worse than 2008 is Coming

The S&P 500 has begun 2016 with its worst performance ever. This has prompted Wall Street apologists to come out in full force and try to explain why the chaos in global currencies and equities will not be a repeat of 2008. Nor do they want investors to believe this environment is commensurate with the…