A look at what's driving massive selling in global markets, with Mohamed El-Erian, Allianz chief economic adviser.
Allianz Chief Economic Adviser Mohamed El-Erian gave a gloomy outlook for global markets Thursday.
Mohamed El-Erian, Allianz Chief Economic Adviser, shares his outlook on global markets and why it is causing "heightened risk aversion." You're going to see lots of opportunities as dislocations spread, says El-Erian.
Investors continue to pull money out of Bill Gross' new bond fund, though the exodus slowed somewhat in July.
Pimco's new chief investment officer may be starting to show signs of modest success, but it is a long road back.
From software companies to drugmakers to fast food chains, economic weakness in China is denting multinationals' financials this earnings season.
Stocks could get a boost Friday from Amazon's strong earnings report, which comes as some key companies are clearly stumbling over the already lowered bar for earnings.
China can engineer a soft landing to its stock market woes, but the country is no longer driving global growth, Mohamed El-Erian said.
Mohamed El-Erian on Thursday advised investors to stop chasing central bank liquidity and put more money in tech start-ups and private equity.
Amid slowing economic conditions, Mohamed El-Erian, Allianz chief economic advisor, explains where China ranks on his radar.
There's still a strong risk that Greece will eventually leave the euro zone, influential economist Mohamed El-Erian tells CNBC.
Bill Gross thinks conditions are ripe for a liquidity crisis, and he points a finger at his old firm for its potential to be at the center of the storm.
Mohamed El-Erian said there's a major chance of a Greek "accident" happening and he doesn't foresee a debt deal happening anytime soon.
"We continue to have a cautiously optimistic outlook for Pimco's future," Morningstar said in a white paper.
There could be a "big air pocket" in stocks if fundamentals, at some point, don't validate valuations, former Pimco co-CEO Mohamed El-Erian tells CNBC.
Former Pimco co-CEO Mohamed El-Erian said Tuesday "fundamentals some point have got to validate valuations."
What to make of Greece's rapidly approaching deadlines, with Allianz chief econ advisor Mohamed El-Erian.
Markets underestimate liquidity risks, which look more dangerous than Greece's debt situation, the Allianz economic advisor said.
Bill Ackman and Carl Icahn have a friend in Ken Griffin.
Discussing the Fed's interest rate hike, with Mohamed El-Erian, Allianz, who says the market is gaining support from central banks and cash being deployed back into the market.