Mohamed El-Erian: I’m ‘Uncomfortable’ Betting On Continued ‘Huge Recovery’ In The Stock Market | Matthew J. Belvedere

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Mohamed El ErianJune 8, 2020

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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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