El-Erian Overweight on Stocks: QE trade getting old

PIMCO CEO & co-CIO Mohamed El-Erian shares his market concerns heading into 2014 and why he believes it is time to sell stocks now.

U.S. equities face an ironic headwind that will lead them to underperform their global peers next year — signs of an economic recovery, Credit Suisse said.

In addition, Morgan Stanley is keeping an overweight call on U.S. stocks, setting a target of 2014 for the S&P 500 index for the end of 2014.

“Our logic has been more driven by the lack of a bear case than the strength of the base case,” it said in a note. “With a 2 percent dividend yield, a 3 percent net buyback, and mid-single-digit earning growth, calling for a big down market is akin to calling for a double-digit market multiple contraction. We don’t think that’s likely,” it said.

Precious Metals as a Safe Haven

There’s a great wealth transfer taking place right now. Are you on the losing end or the receiving end?

Wealth Transfer Planning

Precious metals have always been a safe haven for investing in high inflationary times. Historically speaking, a recurring cycle that always seems to repeat itself is periods of high inflation as a precursor to the crash of paper currencies. Those who understand this wealth cycle and position themselves in gold and silver are those who prosper.

Precious metals are assets that will never lose their value. They are not subject to systematic risks as paper money and serve as a hedge against inflation and other threats of devaluation. Cornerstone Asset Metals was established to help guide investors safely in and out of the precious metals market.

The Great Wealth Transfer

Watch Terry Sacka: The Wealth Transfer show on the Christian Television Network discussing the financial and influential decline of the Western world and the simultaneous wealth increase of the East. With the wealth of nations shifting, it’s imperative to understand moving forward how hard tangible assets will allow you to maintain a quality lifestyle.

Visit the Wealth Transfer archive for more episodes. Learn more about how buying gold and silver today is a smart move for your investment portfolio.

» Contact Cornerstone Asset Metals today to learn more about buying gold and silver as an investment.

» Read our article: Why Silver is Going Up Today?

» Read our article: Why Gold is Going Up Today?

» Read our article: Is Bitcoing Mining More Profitable Than Owning Gold or Silver?

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