European political risk will be important to watch in the year ahead. PIMCO
reviews how we’re expressing our views on the region in portfolios today.
For an extended discussion of our outlook for global growth and inflation,
PIMCO’s Cyclical Outlook: Strengthening Economic Expansion.
For more on our global economic outlook, including investment
themes for the year ahead, please see our Cyclical Outlook, “
Scaling It Back.”