Mohamed El-Erian: 'Full-scale stagflation worries' on China Covid concerns slammed global stocks

Mohamed El-Erian, chief economic adviser of Allianz SE, listens during a Bloomberg Television interview on the sidelines of the Bloomberg New Economy Forum in Singapore, on Tuesday, Nov. 6, 2018.
Wei Leng Tay | Bloomberg | Getty Images

Concerns about stagflation are weighing on Wall Street sentiment Monday morning, noted economist Mohamed El-Erian told CNBC in an interview before the opening bell.

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