2012 outlook

A Lexicon of Wall Street Jargon

Mohamed El-Erian Sizes Up 2012 Mohamed El-Erian, the CEO of bond giant Pimco, has written many fine, insightful articles on today’s vexing capital markets. His piece in today’s Wall Street Journal isn’t one of them. See if you can figure out what the following means: Navigating [today’s unpredictable markets] requires investors to rely less on historical short cuts...
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