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Mohamed El-Erian says investors should prepare for slower economic recovery and not expect 'US lawmakers to come to the rescue'

28 days ago   |   By Business Insider

Summary List Placement
Economist Mohamed El-Erian said investors shouldn't be overly reliant on stimulus support from the Federal Reserve or US lawmakers.
He said gold and government bonds offer little protection against major sell-offs.
Democrats unveiled a $2.2 trillion stimulus plan this week, but El-Erian said "investors should not expect US law makers to come to the rescue."
Visit Business Insider's homepage for more stories .
Investors need to wake up to the reality that the economic recovery will take longer to take place and they shouldn't overly rely on US lawmakers, Mohamed...
Read more ...

 

Mohamed El-Erian says investors should prepare for slower economic recovery and not 'US lawmakers to come to the rescue'

Mohamed El-Erian says investors should prepare for slower economic recovery and not 'US lawmakers to come to the rescue'

28 days ago   |   By Business Insider

Summary List Placement
Economist Mohamed El-Erian said investors shouldn't be overly reliant on stimulus support from the Federal Reserve or US lawmakers.
He said gold and government bonds offer little protection against major sell-offs.
Democrats unveiled a $2.2 trillion stimulus plan this week, but El-Erian said "investors should not expect US law makers to come to the rescue."
Visit Business Insider's homepage for more stories .
Investors need to wake up to the reality that the economic recovery will take longer to take place and they shouldn't overly rely on US lawmakers, Mohamed...
Read more ...

 


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