From the World Economic Forum in Davos, management editor Andrew Hill perceives more business confidence, but there is still caution about spending large cash piles. He also analyses the exit of Mohamed El-Erian as Pimco chief executive
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
