14/09/2011

Europe is nearing a full - blown banking crisis says Pimco's El-Erian

Pimco's El-Erian says Europe is nearing a full blown banking crisis and that the International Monetary Fund needed to act quickly.

El Erian is the person in the U.S. I trust the most.

Markets continuing towards the falling 8 week MA awaiting retail sales report for August.

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