Time for FAANG will come again, but steam needs to come out of liquid stocks, says El-Erian:
Mohamed El-Erian, Allianz, joins 'Closing Bell' to discuss the impact of Fed Chairman Jerome Powell's comments on markets. "It's a lose-lose situation. He tried to strike that balance in the middle," El-Erian said.
Thu, Mar 4 20214:28 PM EST