Pimco’s El-Erian On Goverment Interference In The Market

Pimco’s El-Erian talks about how the government is trying to directly interfere with the market with the IEA Oil Release. ┬áHe discusses how the market gets nervous when the government meddles with it since the government is playing with different rules (power of the printing press and regulation) than the rest of market participants.

Leave a Reply

Your email address will not be published. Required fields are marked *