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Pimco’s El-Erian on U.S. economic headwinds

Posted By Prieur du Plessis On June 14, 2011 @ 9:30 am In Economy,US | No Comments

Housing, credit, public finances, and the labor areas of the economy are currently impaired and until the country gets over those structural impairments, economic growth will be tough for a while, says Mohamed El-Erian, Pimco CEO/Co-CIO, who also mentions that Washington needs a growth strategy in order to get over these headwinds.

Source: CNBC ^[1], June 9, 2011.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail. ^[2]

More on this topic (What's this?) ^[3]

Market Update May 9, 2011 ^[4] (Dividend Stocks, 5/9/11)

Pimco’s Bill Gross Drops U.S. Treasuries Like a Bad Habit ^[5] (Investment U, 3/17/11)

Money Morning's Fitz-Gerald On PIMCO Bond Sell-Off and Stock Market Drop ^[6] (Money Morning, 3/10/11)

Read more on Pacific Investment Management Company (PIMCO) ^[7], Lingui Development ^[8], Mandarin Entmt ^[9] at Wikinvest ^[10]

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URLs in this post:

[1] CNBC: http://video.cnbc.com/gallery/?video=3000026603#eyJ2aWQiOiIzMDAwMDI2NjAzIiwiZW5jVmlkIjoiVXBHQTc1dFdkOUZlMHBIRmdSbjNsQT09IiwidlRhYiI6InRyYW5zY3JpcHQiLCJ2UGFnZSI6MSwiZ05hdiI6WyLCoExhdGVzdCBWaWRlbyJdLCJnU2VjdCI6IkFMTCIsImdQYWdlIjoiMSIsInN5bSI6IiIsInNlYXJjaCI6

[2] Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.: http://www.feedburner.com/fb/a/emailverifySubmit?feedId=921608&loc=en_US

[3] (What's this?): http://www.wikinvest.com/blogger/wikinvest_wire

[4] Market Update May 9, 2011: http://www.mydividendstocks.com/2011/market-update-may-9-2011

[5] Pimco’s Bill Gross Drops U.S. Treasuries Like a Bad Habit: http://www.investmentu.com/2011/March/pimco-bill-gross-dumps-us-treasuries.html

[6] Money Morning's Fitz-Gerald On PIMCO Bond Sell-Off and Stock Market Drop: http://moneymorning.com/2011/03/10/money-mornings-fitz-gerald-on-pimco-bond-sell-off-and-stock-market-drop

[7] Pacific Investment Management Company (PIMCO): http://www.wikinvest.com/wiki/Pacific_Investment_Management_Company_(PIMCO)

[8] Lingui Development: http://www.wikinvest.com/stock/Lingui_Development_(KUL:2011)

[9] Mandarin Entmt: http://www.wikinvest.com/stock/Mandarin_Entmt_(HKG:9)

[10] Wikinvest: http://www.wikinvest.com

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