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.”
Is the Entire Business World About to Go on Vacation?
07:41 - Bloomberg's Betty Liu reports on the anticipated surge in holiday travel as the business world gears up for summer vacations. She speaks on “Bloomberg Markets.” (Source: Bloomberg)
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