10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Pimco's El-Erian - Politicians Better Stop Playing Russian Roulette with the Debt Ceiling

October 04, 2013 | About:
Canadian Value

Canadian Value

134 followers
El-Erian thinks that the current government shutdown is not impacting markets because the market views it (correctly) as temporary and reversible.

What the market is really worried about is the debt ceiling, and it should be.

If the debt ceiling is not addressed it would be catastrophic for the U.S.

About the author:

Canadian Value
http://valueinvestorcanada.blogspot.com/

Rating: 2.5/5 (2 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK