El-Erian: Investors must keep cash, “retain optionality”

in ceo economy Gold Investing silver by admin — March 18, 2010 2:43 am | no comments

Investors should be holding healthy levels of cash in order to take advantage of “known unknowns” that become clearer as the economy evolves, Mohamed El-Erian, co-CEO of Pimco, told CNBC in this video interview.

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El-Erian: Investors must keep cash, “retain optionality”

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