El-Erian: Low-income Americans are near recession, putting rest of economy at risk

Erian, chief economic adviser at Allianz, is warning that lower-income Americans are under "significant pressure" and that a halt to their spending would weigh on the economy as a whole. "This is not ...

Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy

Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned.

Is the U.S. heading for a recession?

CNBC anchor Andrew Ross Sorkin joins The Lead.