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04-08-2010, 12:54 PM #1
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Pimco: Economy Will Hit Crawl in Second Half of Year
Pimco: Economy Will Hit Crawl in Second Half of Year
Thursday, 08 Apr 2010 08:50 AM
By: Julie Crawshaw
Pimco co-CEO Mohammed El-Erian says growth in the U.S. economy will continue to appear healthy during the first half of 2010 because markets will bounce back amid the huge fiscal stimulus and inventory rebuilding.
“Look for growth rates to be an annualized 4 percent to 5 percent in the first half of the year,â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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