El-Erian Says US Exceptionalism at Risk on Policy Uncertainty
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US exceptionalism is under threat from uncertainties about President Donald Trump’s political and economic policies, according to Mohamed El-Erian.
The president of Queens’ College, Cambridge, and former head of Pacific Investment Management Co LLC said investors are starting to question the current administration’s transparency and its adherence to the rule of law. That, he adds, is already weighing on US assets.