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.”

The Challenges Facing Central Banks
49:13 - Columbia Threadneedle EMEA CIO and Global Head of Equities Mark Burgess discusses the outlook for the Fed and the ECB with Mark Barton on "Bloomberg Surveillance."
  • Turnill: London Brexit Headwinds Larger Than Rest of U.K.
  • Wood: A Whole Load of Bad News to Come for U.K. Economy
  • Turnill: Long-Term European Bank Headwinds Still Strong