Does détente mean the greenback has already peaked?
PIMCO’s Dan Ivascyn shares some of the high-conviction ideas the firm is currently emphasizing in portfolios.
How can the BOE justify doing nothing – holding interest rates steady and offering no strong view on the direction of monetary policy – while also increasing its growth forecasts, at a time when it already expects inflation to overshoot the target for the next three years?
The Fed kept rates on hold despite growing confidence that inflation will hit its 2% target.
We see little probability of high core inflation rates in the eurozone, but instead a gradual increase toward the ECB target of just below 2% over the next few years.
It’s important to consider which variable would dominate real estate-related asset prices in a potential new paradigm: higher rates or stronger growth.
Many view the Dow’s rise above 20,000 as a sign of optimism about the long-term economic growth outlook for the U.S. Yet the bond market is sending a different signal.
France has issued its first sovereign green bond – a milestone for global investors who are exploring or emphasizing assets focused on ESG (environmental, social and governance) principles.
Joachim Fels, global economic advisor, offers a closer look at the factors driving PIMCO’s forecast for global GDP growth (2.5%–3.0%) and inflation (2.0%–2.5%) in 2017.
With the inauguration of the 45th president imminent and the market’s high expectations for policymaking, what is realistic for investors to expect from Washington in 2017?