EL-ERIAN IS BULLISH ON THE STOCK MARKET BUT SAYS THE BIGGEST THREAT IS CORPORATE BANKRUPTCIES

I read an article with some amusement today oil FN London. The chief economist at Allianz, Mohamed El-Erian, is now bullish on the stock market.

Previously during the worst of the stock market meltdown in March, when the Dow was trading at 18,000, he warned about getting in to the market at those lower…