El-Erian: Ton of Cash on Sidelines Should Be Spent

Oct. 30 (Bloomberg) -- Mohamed El-Erian, chief executive and co-chief investment officer at Pimco, explains why the United States is coming to and important turning point in the economy and how corporate cash can help lead the way. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
FirstSolar Down 7.5%, Worst on S&P 500
42:36 - Bloomberg's Julie Hyman updates the latest market news. She speaks on "Bloomberg Markets." (Source: Bloomberg)
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