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View Full Version : Pimco Predicts 'Risk Off' in First Part of 2012 on Europe, El-Erian Says - Bloomberg



NewsWhore
12-19-2011, 03:10 PM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFzLendDyKwUk9IeI4BhmVIzMQMCw&url=http://www.bloomberg.com/news/2011-12-19/pimco-predicts-risk-off-in-first-part-of-2012-on-europe-el-erian-says.html)
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Pimco Predicts &#39;Risk Off&#39; in First Part of 2012 on Europe, El-Erian Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFzLendDyKwUk9IeI4BhmVIzMQMCw&url=http://www.bloomberg.com/news/2011-12-19/pimco-predicts-risk-off-in-first-part-of-2012-on-europe-el-erian-says.html)
Bloomberg
The 17-nation currency touched $1.2946 on Dec. 14, the lowest level since Jan. 11. Euro-area governments met a target for boosting their Anti-crisis war chest with a pledge to provide 150 billion euros ($195 billion) to the International Monetary Fund. ...

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