Saturday, June 2, 2012

Pimco's El-Erian Sees Synchronized Global Slowdown

Jun 1, 2012 by

Mohamed El-Erian, chief executive officer and co-chief investment officer of Pacific Investment Management Co., talks about the May U.S. jobs report, the outlook for global economies and central bank policies. Payrolls climbed by 69,000 last month, less than the most-pessimistic forecast in a Bloomberg News survey, Labor Department figures showed today in Washington. El-Erian speaks with Betty Liu and Dominic Chu on Bloomberg Television.

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