Daily Archives: October 5, 2012

El-Erian on jobs and global economy

Mohamed El-Erian, Pimco CEO & Co-CIO, discusses the 7.8 percent unemployment number, and says “the rally can only continue if the fundamentals take control.” Here is a direct link.

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The extinction of prudence

We are living through a period of wide-spread crazy. Sure there have always been reckless factions in the world. But today the affliction is mainstream. A good many people see what is happening and know that it is likely to … Continue reading

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