This book is a New York Times and Wall Street Journal bestseller. Mohamed El-Erian describes his target audience as investors and national and international policy makers. Policy makers may well find the book an appropriate eclectic mix of analysis, observation and insight. However, it is less likely to appeal to the investor, who will be drawn specifically to chapter six but will find less substance than desired there or anywhere else.
Noise Versus Signal
El-Erian starts out by identifying recent and current puzzles that have dominated the economic and financial landscape. His insight is that these phenomena are not noise in a turbulent world but signals of ongoing financial and secular transformations.