El-Erian sees stock market decline reaching 30% from highs and the world going into recession

Article Link: El-Erian sees stock market decline reaching 30% from highs and the world going into recession

Economist Mohamed El-Erian said Wall Street talk of a quick down and up won’t become a reality. He said the market chart would look like a “U” or an “L,” not a “V.”

Source: CNN Investing