April 27, 2012 at 13:54 PM EDT
Apple (AAPL) Dominance of Stock Market a Sign of Poor Index Construction – El-Erian
Bloomberg TV’s Betty Liu spoke with Mohamed El-Erian of PIMCO, who said that the Federal Reserve is likely to provide additional assistance if the economy weakens further, but there is “no immediate need” to do so. El-Erian also said that the U.S economy needs to add 250,000 to 300,000 jobs every month if we are [...]
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