CNBC Pro

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.

More In CNBC TV Picks

CNBC ProDan Niles sees no bottom in sight for stocks as earnings could be 'absolutely horrible'
CNBC ProFed and other central banks experiencing a ‘great awakening,’ Allianz’s Mohamed El-Erian says
CNBC ProThere's no bottom in sight yet, says top chart analyst as the Dow breaks below 30,000