El-Erian: Markets Can Rally on Bernanke Testimony

July 17 (Bloomberg) -- Mohamed El-Erian, chief executive and co-chief investment officer at PIMCO, explains why Ben Bernanke's written testimony to the House Financial Services committee should fuel the market rally and offers his thoughts on what bank earnings tell us about the U.S. economy. He speaks on Bloomberg Television's "In The Loop."
Inside the Slump in Chinese Stocks
28:28 - Silvercrest Chief Strategist Patrick Chovanec and PRC Macro Advisors Co-CEO William Hess discuss the slump in China stocks. They speak on “Bloomberg Markets.” (Source: Bloomberg)
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