Pimco’s El-Erian on Markets and New Normal..
Midday Market Update; DOW down 205 to 7770, S&P down 20 to 815 and NAS down 46 to 1506….
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Moderate in the Middle 
Tea Party Patriots AZ: Gabby Giffords (D-AZ) hides from constituents…video: I Am the Mob… « Moderate in the Middle replied:
[…] will not be growing at 5% GDP in two years (see PIMCO who calls 1-2% GDO the ‘new normal’) and if they pass this health care bill, they will HAVE to raise taxes within that time frame […]
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August 9, 2009 at 8:08 pm. Permalink.