Pimco's El-Erian On Greece Debt Contagion Risk (CNBC Video)

Pimco's El-Erian thinks the Greek debt / Euro Zone crisis could mimic the sub-prime mortgage crisis in the US.  He said there's contagion risk, meaning credit/interest rate risk could spread into other European credits.  See my previous post showing charts of Greek CDS, 10 Year Yield, Greek equities and the Euro.  Watch them.



Hat tip Investment Postcards via @FinanceTrends

Related Posts

Comments

HTML Comment Box is loading comments...