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."
U.S. Housing Prices Gain 4.6% in Case-Shiller Index
41:11 - Bloomberg’s Matt Miller reports on today's top news stories on “Market Makers.” (Source: Bloomberg)
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