The bumpy road to Disneyland
Friday, January 13, 2023
Mohamed El-Erian, Chairman of Gramercy and previously CEO of PIMCO, recently described the future for investors globally as the “bumpy road to Disneyland”. He described a picture of an excited father and son leaving for Disneyland but arriving all tired and exhausted after going through traffic, detours, and travel sickness. (...)There have been many bumps on the road, whether it is regulation, geopolitics or COVID lockdowns. It’s worth revisiting why one should travel to Disneyland
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