The US is Risking Stagflation | Mohamed El-Erian

In this episode, Mohamed El-Erian joins the show to discuss the February jobs report, tariffs & imports front-running, and the inflation outlook, including the growing risk of stagflation. We also delve into the outlook for Europe, Japan, and China, Bitcoin and digital assets, and more. Enjoy! — Join us at Digital Asset Summit 2025 March 18th - 20th. USE CODE FG200 FOR $200 OFF general admission! https://blockworks.co/event/digital-asset-summit-2025-new-york __ Follow Mohamed: https://x.com/elerianm Follow Felix: https://x.com/fejau_inc Follow Forward Guidance: https://twitter.com/ForwardGuidance Follow Blockworks: https://twitter.com/Blockworks_ Forward Guidance Newsletter: https://blockworks.co/newsletter/forwardguidance Forward Guidance Telegram: https://t.me/+nSVVTQITWSdiYTIx — Forward Guidance Audience Survey: https://forward-guidance.beehiiv.com/forms/109bcbf7-0948-43b8-be8d-5390a5198125 — Timestamps: (00:00) Introduction (01:27) Job Report & Labor Market (05:45) US Growth & Stagflation Risk (09:41) Tariffs & Imports (11:19) Inflation Outlook & Oil (15:48) Fiscal Outlook (19:32) DAS Promo (20:14) Fed & Number of Cuts in 2025 (22:57) Goods, Services, & Shelter Inflation (25:51) Europe, Japan, & China (32:14) Bitcoin & Digital Assets __ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.