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Rating:El-Erian Says Markets Are at Email Routing List Email & Route  Print Print
Wednesday, April 17, 2013

El-Erian Says Markets Are at "Artificial" Highs

News summary by MFWire's editors

Market prices these days, they just ain't natural.

In an interview with the Wall Street Journal, Pimco [profile] said that "actions by central bankers across the globe are propping up asset prices to artificial levels that are potentially putting investors at risk."

“Investors should recognize that in virtually every single market segment, we are trading at very artificial levels,” he says during the interview. “It’s true for bonds, it’s true for equities. It’s true across the board.”

Learn more from the interview here

Edited by: Tommy Fernandez


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