El-Erian of course has some thoughts on the Obama re-election. Some of his points:
- Investors' key risks now are the fiscal cliff, China and Europe.
- He actually thinks the election results are a pretty good outcome for investors as Republicans will be forced to compromise more.
- Bernanke now has more scope to continue with his unconventional measures and will be able to keep his foot on the gas pedal.
- Investors' key risks now are the fiscal cliff, China and Europe.
- He actually thinks the election results are a pretty good outcome for investors as Republicans will be forced to compromise more.
- Bernanke now has more scope to continue with his unconventional measures and will be able to keep his foot on the gas pedal.