El-Erian still not confident stocks will go higher despite Fed ‘doing things that were unthinkable’

CNBC, Released on 5/18/20

Mohamed El-Erian, chief economic advisor at Allianz and lead independent director of Under Armour’s board, joins “Squawk Box” to discuss Fed Chairman Jerome Powell’s latest comments on the economy.

Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world’s largest bond funds in the world. Dr. El-Erian also served as a member of the faculty of Harvard Business School. Before joining PIMCO, Dr. El-Erian was a managing director at Salomon Smith Barney/Citigroup in London and before that, he spent 15 years at the International Monetary Fund in Washington, D.C. His book, When Markets Collide: Investment Strategies for the Age of Global Economic Change, was a New York Times and Wall Street Journal bestseller.

Notify of

Inline Feedbacks
View all comments