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The Federal Reserve became ensnared in a "cognitive trap" that made the central bank believe inflation was fleeting, Mohamed El-Erian, Allianz SE Chief Economic Adviser and ex-PIMCO CEO, said in a recent episode of "Influencers with Andy Serwer."
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According to one legendary investor, the market could still recover but will likely face "systemic obstacles" on that journey.
Andrew Yang says that the overall economy may be headed for choppier waters in the months ahead but the last thing he wants is for his ideas to take the blame.
Personal finance expert Suze Orman joins "Influencers with Andy Serwer" to discuss the U.S. housing market.
Suze Orman, co-founder of SecureSave and host of the Women & Money podcast, shares her thoughts on inflation with Yahoo Finance editor-in-chief Andy Serwer.