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Pimco’s El-Erian – The Fed May Be an Investor’s Only Friend

November 07, 2012 | About:
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.

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