Q. Where is your money? Stocks? Treasuries? Bonds?
A. It is mostly concentrated in cash. That’s not great, given that it gets eaten up by inflation. But I think most asset prices have been pushed by central banks to very elevated levels.
- Mohamed El-Erian on economics, politics and his hope for a 'Sputnik moment'
A. It is mostly concentrated in cash. That’s not great, given that it gets eaten up by inflation. But I think most asset prices have been pushed by central banks to very elevated levels.
- Mohamed El-Erian on economics, politics and his hope for a 'Sputnik moment'
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