Pimco’s El-Erian says “no killer app” for U.S. economy
Mohamed El-Erian, chief executive officer and co-chief investment officer at Pimco, talks about the U.S. economy and September jobs report, and the European sovereign-debt crisis. U.S. payrolls rose by 103,000 after a 57,000 gain in August, the Labor Department said on Friday.
Source: Bloomberg, October 7, 2011.
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