Markets not facing "reality" of slow economy: El-Erian - Jan. 15/10 (7min.)

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Markets not facing "reality" of slow economy: El-Erian - Jan. 15/10 (7min.)

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LargoWinch

iTulip High Commissioner

Join Date: Jul 2008

Posts: 3775

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Markets not facing "reality" of slow economy: El-Erian - Jan. 15/10 (7min.)

January 19, 2010, 07:18 PM

Largo's paraphrasing:

Top El-Erian issues:

#1- De-leveraging
#2- Unemployment
#3- Sovereign balance sheets

...then later:

2Quarters of strong growth fuel by CBs sugar then what?

We need high quality growth and not FIRE

Runtime: 7min.

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