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Market Bottom Could Be 30% Below Last Month's High, El-Erian Says: It's 'Going To Be Treacherous For
Market Bottom Could Be 30% Below Last Month's High, El-Erian Says: It's 'Going To Be Treacherous For A While'
The stock market could drop as much as 30% from the record highs reached earlier this year before bottoming out, the chief economic advisor at Allianz, said Monday.