Is the 'El-Erian Exit' Spooking the Markets?

Markets are in risk-off mode today in U.S. trading — risk assets like stocks are down and safe havens like Treasuries are up.

Meanwhile, there are a ton of big moves happening in currency markets around the world — especially in some notable emerging markets like South Africa and Turkey, both of which are dealing with idiosyncratic problems of their own.


Read more: http://www.businessinsider.com/el-erian-leaving-pimco-could-hit-em-2014-1#ixzz2rFD1ofIG
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