Mohamed El-Erian: Use market rally to lighten up on risk assets because the Fed is drunk at the wheel
CNBC, Released on 3/21/22
Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens College, Cambridge, joins CNBC's 'Squawk Box' to break down markets, the Federal Reserve and more.
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 latest book is The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.
Mohamed El-Erian: Use market rally to lighten up on risk assets because the Fed is drunk at the wheel added by Herman James on 03/20/2022View all posts by Herman James ?+'