Economic Dis-Locations Continue > leading Indicators from taking a look at the balance sheets
May.15 -- Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, discusses the Federal Reserve's stimulus efforts, the impact of the coronavirus pandemic on airlines and restaurants, and corporate debt.
He speaks with Bloomberg’s Jonathan Ferro on "Bloomberg The Open." His opinions are his own.
•May 15, 2020
May.15 -- Lawrence H. Summers, former U.S. Treasury Secretary, warns that there is more financial strain, as individuals and businesses run out
May.15 -- Lawrence H. Summers, former U.S. Treasury Secretary, warns that there is more financial strain, as individuals and businesses run out of cash reserves.
He also predicts that lending will also decline, creating a downward
spiral. He joins host David Westin for an exclusive take on "Bloomberg Wall Street Week."
