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El-Erian: Markets 'Rightly Rewarded' Europe's Actions

July 02, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Pimco's Mohamed El-Erian talks about the European debt crisis and the European leaders' summit held in Brussels last week

He said the crisis situation is something which will drive European leaders towards action. Markets were rightly rewarded on Friday as it came out clear after EU summit that EU has clear vision on building blocks of monetary union, fiscal union, banking union and political integration. But for sure more is needed.

Here is the video:





About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.5/5 (4 votes)

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