El-Erian: Flow of Credit Will Be Impacted By

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Jul 22, 2010
The market is giving a clear signal that it does not only want to see bottom line growth but it also wants to see top line growth (Revenue). Mohamed El-Erian, CEO and co-CIO at Pimco, shares his market insight with CNBC.com El-Erian sees this as the "new normal" playing out right in front of our eyes.El-Erian does not see any growth until we go through a period of deleveraging. Finally, El-Erian sees credit flow being affected by new financial regulation. As too how much?" We do not know enough about implementation" (referring as to how finreg will be implemented after passage).