The Fed's huge stimulus risks creating 'zombie' markets that are 'completely mispriced' and 'completely distorted,' Mohamed El-Erian warns

Business Insider

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· *Mohamed El-Erian, the chief economic adviser at Allianz, told CNBC that he is worried about chances of "zombie markets" in the near-term.*
· *"Zombie markets are markets that are completely mispriced, they're completely distorted," he said in an interview with CNBC's multimedia reporter Elizabeth Schulze.*
· *The...

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