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.
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Dheeraj GroverI 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