El-Erian Says Economy Not as Good as Markets Imply

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April 29 (Bloomberg) -- Mohamed El-Erian, chief executive officer of Pacific Investment Management Co., talks about the U.S. economy, the outlook for Federal Reserve monetary policy and Europe's sovereign debt crisis. He speaks with Willow Bay at the Milken Institute 2013 Global Conference in Los Angeles on Bloomberg Television's "Lunch Money." (Source: Bloomberg)