central banks liquidity

El-Erian: Investors Have Been Given ‘A Gift’ – But It Won’t Last

"By boosting returns and repressing volatility, ample liquidity is a gift for investors. It makes the investment journey pleasing, comfortable and lengthy. But it is not a destination."

"By boosting returns and repressing volatility, ample liquidity is a gift for investors. It makes the investment journey pleasing, comfortable and lengthy. But it is not a destination."
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