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El-Erian: Markets' interpretation of Fed announcement was 'strange'

The Dow lost more than 500 points on Friday to close out its worst week since last October. Mohamed El-Erian, economic advisor at Allianz and Gramercy and president at Queens College, Cambridge, joined "Squawk Box" on Monday to discuss what he's seeing in the markets.
06:23
Mon, Jun 21 20219:24 AM EDT

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