How stable is the global economy, and what are the risks to that stability?
PIMCO believes this is a particularly opportune time to move into higher-quality credit, as well as select high yield and bank loan sectors.
NAIRU is an acronym in economics that stands for the non-accelerating inflation rate of unemployment. Learn why it’s a key indicator for Fed decision-making.
Over the next three to five years, we believe six key trends are likely to define the global opportunity set available to investors and the returns they can expect. However, investors will also need to identify and hedge against six secular tails.
Each quarter, PIMCO’s investment professionals from around the globe gather in Newport Beach to update the firm’s global economic outlook. Here are four key forecasts for the next 12 months, derived from our Cyclical Forum in March.
Recent economic reports highlight the positive momentum coming from U.S. consumers.
Many investors around the globe are familiar with the super-secular bull run that bond markets experienced in the three decades since the early 1980s (represented here by U.S. and U.K.…