Monthly Archives: May 2015

Reports of OPEC’s Death Have Been Greatly Exaggerated

Reports of OPEC’s Death Have Been Greatly Exaggerated

On June 5th, the Organization of the Petroleum Exporting Countries (OPEC) will convene its 167th meeting, ostensibly to discuss petroleum market dynamics and production policy. Given the sharp drop in oil prices following last November’s decision to leave production quotas unchanged, we can expect increased attention from investors on this upcoming meeting.
Housing Springs Higher

Housing Springs Higher

Although housing activity has remained relatively subdued since the financial crisis, signs are pointing to a pickup during the critical spring selling season. These developments may have important implications for the outlook on monetary policy and the financial markets.

The Secular Forum: What’s Next for The New Neutral

Every year PIMCO investment professionals from around the world come together in Newport Beach to discuss and debate our secular outlook for the global economy and markets over the next three to five years. PIMCO managing director and global strategic advisor Richard Clarida explains what to expect at this year’s Secular Forum, and introduces the distinguished guests who will bring fresh perspectives to engage our internal expertise.
The Daunting Challenges Facing Puerto Rico

The Daunting Challenges Facing Puerto Rico

Puerto Rico’s financial struggles have drawn wide attention, and many investors are evaluating the short-term and long-term outlook for the territory’s debt. PIMCO remains unenthusiastic about investing in Puerto Rico debt for a number of reasons.