Allianz's El-Erian: You cannot disconnect the markets from the real economy
"We got to remember that you cannot disconnect the markets from the real economy forever," Mohamed El-Erian, chief economic advisor at Allianz and Gramercy, told CNBC's "Squawk Box" Monday. "If you do, there will be a significant backlash. Second, we cannot continue with worsening inequality. That in itself will cause populism that will be problematic for the markets."
Mon, Jan 4 20219:37 AM EST