Preparing for the Next Recession

While PIMCO doesn’t foresee an imminent recession, we estimate its chances are roughly 70% in the next three to five years. Joachim Fels, global economic advisor, examines two possible recession scenarios and ways investors can preserve capital and diversify sources of risk.

For more insights from Joachim Fels, see Charting the Odds of a U.S. Recession: Will Investors Be Ready?

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PIMCO’s industry-renowned experts analyze the world’s risks and opportunities, from global economic trends to individual securities.

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