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Mohamed El-Erian: Markets Are Getting Used to Shocks But Mask Risks
The reaction to the coronavirus follows a pattern that obscures long-term challenges. The market reaction on Monday to anxiety about the spread of the coronavirus fell largely in line with textbook expectations, and did so in an orderly fashion. However, it did little to reconcile longer-term uncertainties that in the last few years have
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Posted: January 27, 2020 Monday 04:01 PM