• Mohamed El-Erian: the next few months are crucial for the UK

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26 October 2016

Mohamed El-Erian: the next few months are crucial for the UK

World famous analyst and former head of the investment fund PIMCO Mohamed El-Erian, speaking at a conference organized by Bloomberg said that the next few months will be very important and critical to the UK. "If politicians behave unprofessionally, instead of a small slowdown in the economy, Britain can enter recession,". El-Erian called the 65% probability of preserving financial stability in the UK, however, noted that it is very fragile.

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