Tag: inflation
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Morningstar 2008: “This time it’s different”
The opening address at the Morningstar 2008 Investment Conference in Chicago was given by Mohamed A. El-Erian, Co-CEO and Co-CIO of PIMCO. Three weeks ago in Barron’s, he identified four major global trends: • Realignment in global growth • Return of inflation • Structured finance diminishing the barriers to entry • Wealth transfer among nations […]