Should you follow Mohamed El-Erian and move your investments to cash?

April 6, 2015 3:33 PM

61 0

Should you follow Mohamed El-Erian and move your investments to cash?

The former PIMCO chief says central banks have pushed asset prices to ‘very elevated levels’

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.”

Also read: European Investors Brush Off Italy Referendum Result

Read more

To category page

Loading...