El-Erian to CNBC: Dislocation in Emerging Markets Will Create Opportunities

Author's Avatar
Aug 20, 2015

Mohamed El-Erian, Chief Economic Adviser of Allianz, said that falling currency pegs and weakness in emerging markets will eventually spread to the U.S. economy, creating "interesting investment opportunities in the future." He also spoke about the Fed and how shaken trust in central banks could bring prices back down to fundamentals.