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News Link • Economy - Economics USA

Stocks higher? Famed investor says don't bet on it

• AP
Homes are selling at their fastest clip in nearly three years, the unemployment rate is falling and stocks are up 66 percent since their March lows — the best performance since the 1930s.
What's not to like?

Plenty, according to Mohamed El-Erian, chief executive of giant bond manager Pimco.

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