This unusual kind of ETF is guaranteed to protect you against the Fed's crazy moves, according to a world-renowned…

For some, the current situation is a nightmare. For others, it's the perfect shopping opportunity. But choosing the right sector or instrument can be hellishly difficult. But a world-renowned economist says he has a recipe for everyone.

We're all investors here at Bulios, so it probably doesn't need to be explained to you that holding cash may not be a wise move in the face of rampant inflation . Moreover, it is now at historic levels that the Fed is failing to tame with its strange moves.

This is one reason why many investors are holding stocks and bonds instead. Or, more often, it's why we invest in the first place. But according to Mohamed El-Erian, who is based at Cambridge University and chief economic adviser to Allianz, it may be time to opt for something different, something unusual.

"We need to get out of these distorted markets that have caused a lot of damage," he said in an interview.

Both the stock market and bond market have been…