El-Erian says investors should prepare for bigger market swings

Bloomberg/Tony Czuczka

Repost from 10-19-2021

cartoon showing a boat riding the rising tide“If I were an investor, I would recognize that I’m riding a huge liquidity wave thanks to the Fed, but I would remember that waves tend to break at some point, so I would be very attentive.” – Mohammed El-Erian, Queens College Cambridge

USAGOLD note: Quite a few heavyweight investors and analysts have weighed in of late on the danger of a cresting wave in the stock market. El-Erian is one of the more vocal in the group. He warns that inflation is likely to remain elevated for at least another year.

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