El-Erian: Ton of Cash on Sidelines Should Be Spent
703 views · Published 30 October 2013 · 1:32 · Indexed 20 September 2026
Channel: Bloomberg Originals · 2013 · News & Politics
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." -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg "Bloomberg's Surveillance" is a radio and TV business news show, featuring in-depth interviews with well-known business leaders, market analysts and leading economists. The show is hosted by Tom Keene, Sara Eisen and Scarlet Fu and includes frequent insight and analysis from economics editor Mike McKee. "Bloomberg Surveillance" covers market news, breaking news, finance, investment, global economics, business leaders and influencers, as well as the headlines and companies impacting the day ahead on Wall Street. In addition to covering Wall Street, the show includes global economics, currency market moves, earnings news, mergers & acquisitions, and insights on the world leaders and influencers shaping these events, including: Federal Reserve chairman Ben Bernanke, JPMorgan CEO and chairman Jamie Dimon, Apple CEO Tim Cook, Yahoo! CEO Marissa Mayer, Goldman Sachs CEO Lloyd Blankfein, Goldman COO Gary Cohn, economist Nouriel Roubini, investor Marc Faber, IMF chief Christine Lagarde, world bank president Jim Yong Kim, Meredith Whitney, former Wall Street executive Sallie Krawcheck and more. "Surveillance" broadcasts from Bloomberg TV's New York headquarters. The show airs on TV at 6-8amET/3-5am PT and on radio 6-10amET/3-7am PT. For a complete compilation of Surveillance videos, visit: http://www.bloomberg.com/video/bloomberg-surveillance/ Watch "Surveillance" on TV, on the Bloomberg smartphone app, on the Bloomberg TV + iPad app or on the web: http://bloomberg.com/tv Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.
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