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Mohamed El ErianJune 8, 2020
KEY POINTS
- Mohamed El-Erian, who in early March correctly called a coronavirus-driven bear market, told CNBC he’s reluctant to buy the recent reopening rally.
- “For me personally, it’s an uncomfortable bet to continue to bet on a huge recovery,” the chief economic advisor at Allianz told CNBC.
- El-Erian said the decision on whether to buy into this market strength depends on a number of factors facing each investor and their risk tolerance.
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CreatedMonday, June 08 2020
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Last modifiedMonday, June 08 2020
