Expect More Money Printing – ValueWalk Premium

Expect More Money Printing

By Steve Blumenthal

"Time to put 25% to 30% of your wealth in cash.”
– Mohammed El-Erian

“If you go to an investment adviser, they’ll tell you cash is wasted,” says El-Erian, chief economic adviser at Allianz.  ‘I don’t think so.’  ‘You will have many opportunities to buy really good names at beaten down prices,’ says El-Erian, whose latest book, “The Only Game in Town,” was released this week.” Source

25% to 30% in cash?  Take a step back and think . . .

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