Mohamed El-Erian, Cathie Wood and Scott Minerd
Photographer: Bloomberg (3)
The Big Take
Wall Street Titans Warn of the Next Big Risks for Investors
Cathie Wood, Mohamed El-Erian and Scott Minerd share their views on deflation, inequality and cybersecurity.
The risks facing investors and the global economy are myriad and growing. We asked three of the most visionary people in the financial industry what they’re most worried about over the next five to 10 years: Cathie Wood, whose Ark Investment Management attracted billions of dollars in the past year after her tech-focused bets trounced the market in 2020; Mohamed El-Erian, chief economic adviser to Allianz SE and a Bloomberg Opinion columnist; and Scott Minerd, chairman of Guggenheim Investments.
Their comments have been edited for length and clarity.