Markets are underestimating inflation shock, El-Erian warns

Bloomberg Jul 9, 2021 11:57

Gramercy Funds Chairman Mohamed El-Erian, a Bloomberg Opinion columnist, sees some headwinds to global economic growth but adds that they don't justify the extent of the bond rally. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own. (Source: Bloomberg)

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