1000-Point Swings ‘New Reality’ for Dow Jones Index: Allianz Economist El-Erian

Mohamed El-Erian — the chief economic adviser at Allianz SE — says concerns over a US recession are overblown, but we can expect wild fluctuations on the Dow Jones Industrial Average in 2019 because of financial uncertainty in Europe and China. However, El-Erian said the US economy will remain strong and will continue to grow at a

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