Mohamed A. El-Erian(@elerianm):Good morning. As reported below by the WSJ, the US budget deficit climbed to nearly $2 trillion ($1.993 trillion) for the fiscal year ending September 30. What remains historically notable is that the US has continued to run a deficit of around 6% of GDP despite solid economic growth and a robust labor market. #economy #markets @WSJ

Mohamed A. El-Erian

@elerianm

Rene M Kern Prof of Prac at Wharton. Allianz Advisor. Gramercy Chair. Chair of UnderArmour Board. Former Pimco CEO/co-CIO and President of Queens' Col Cambridge

Joined July 2011

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Mohamed A. El-Erian@elerianm

2026.10.09 06:34

Good morning. As reported below by the WSJ, the US budget deficit climbed to nearly $2 trillion ($1.993 trillion) for the fiscal year ending September 30. What remains historically notable is that the US has continued to run a deficit of around 6% of GDP despite solid economic growth and a robust labor market. #economy# #markets# @WSJ