Mohamed El-Erian, Chief Economic Adviser of Allianz appears on a segment of
Mohamed El-Erian.
  • The US's chances of avoiding a recession just got smaller, according to Mohamed El-Erian.
  • The top economist pointed to two trends that could help push the economy into a downturn.
  • The New York Fed has priced in a 56% chance of a recession happening by September 2024.

There are two reasons why America's odds of avoiding a recession may be dwindling, according to top economist Mohamed El-Erian.