El-Erian: Here’s the big problem for investors

As many signs point to a Federal Reserve rate increase later this year, Mohamed El-Erian said there is now a major problem facing investors.
El-Erian, chief economic advisor at Allianz, told CNBC’s “Fast Money: Halftime Report” on Monday that “the main issue facing a lot of investors today” is whether to chase the momentum created by new quantitative easing in Europe, or to adopt a more relative portfolio approach. He advised the latter.

http://www.cnbc.com/id/102488891

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