Tuesday, September 27, 2011

[Video] Bloomberg - Thoughts from PIMCO's El-Erian on Europe, and Goldman Jan Hatzius on Chance of U.S. Recession

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Below we have 2 videos from Bloomberg from two of the world's most watched mavens.  Frankly, Jan Hatzius has had a rough year in forecasting - he was amongst those who was calling for 4% type of growth in the U.S. economy, and seems to have been blindsided by the turn in the economy.  That said, he is generally a smart man.  El-Erian of course is usually the brightest bulb in most rooms he is standing in.

(Unfortunately, I don't see a way to stop the Bloomberg videos from auto starting - so you will have to pause one video to watch the other)

4 minute video with El-Erian




7 minute video with Hatzius



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