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El-Erian: Election Means 'New Power Structure' in U.S.
News November 06, 2024 at 02:07 PM
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What You Need To Know
- Economic issues weighed on voters' minds, Allianz's chief economic advisor suggests.
- Bond moves reflect expected deregulation, inflation concerns and rethinking Fed action, he says.
- El-Erian notes high growth and strong employment also would be good for equities.
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