El-Erian Interview With CNBC

Expect 2 Fed rate increases this year, invest in mining

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Jan 04, 2016
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Overview:

Allianz Chief Economic Advisor Mohamed El-Erian shares his views on the Fed rate hike and why he believes that there are more headwinds to come. El-Erian said during the interview that 2016 will be a year of volatility. He said the best plays to invest in are destressed areas like mining companies, and he believes the Fed will raise rates at least twice this year.