Pimco’s El-Erian: “economy in a worse place than 2008”

There is much more to do before we get to a sustainable recovery, says Mohamed El-Erian Pimco CEO/co-chief investment officer, “it’s too early to declare victory”. Here is the direct link.

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One Response to Pimco’s El-Erian: “economy in a worse place than 2008”

  1. dave says:

    Why continue to worry about Greece. It’s a very small part of the euro zone. And you have to think europe will work things out. It may take a long time but to worry day to day and avoid investing in good solid companies because of europe and greece is insane. There are signs in the US of a very early recovery. Earnings are coming in ok (yes they were low expectations but what would you expect in an environment like this. ) I see the U.S slowly are carefully turning a corner.

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