By Joachim Fels, Andrew Balls | Jan 12, 2021 Cyclical Outlook Takeaways: Bounded Optimism on the Global Economy Global output and demand are likely to rebound strongly in 2021, but we see risks that call for careful portfolio positioning.
By Joachim Fels, Andrew Balls, Daniel J. Ivascyn | Oct 07, 2020 Secular Outlook Takeaways: Escalating Disruption The COVID shock has amplified disruptive trends, but we see global investment opportunities in the volatility ahead.
By Allison Boxer, Joachim Fels | Sep 18, 2020 The Fed's New Guidance: Surprising Is Not Convincing The lack of market reaction suggests that many investors are not convinced that the Fed’s new guidance represents any material shift in policy.
By Allison Boxer, Joachim Fels | Aug 27, 2020 Monetary Policy Framework: The Fed Says What, But Needs Help on How Fed officials seek higher inflation but need help from fiscal policymakers.
By Joachim Fels | Jun 16, 2020 The Long Climb While a near-term mechanical bounce in economic activity in response to the lifting or easing of lockdown measures looks likely, we expect the subsequent climb up to be long and arduous.
By Joachim Fels | Apr 13, 2020 Post-Pandemic Interest Rates: Lower for Longer Evidence from decades and even centuries ago, plus the unique circumstances of the current global health crisis and its economic impact, suggests we can expect a “New Neutral 2.0” of lower interest rates for longer.
By Joachim Fels | Apr 08, 2020 Key Takeaways From PIMCO’s Cyclical Outlook: From Hurting to Healing We expect the global economy and financial markets to transition from intense near-term pain to gradual healing over the next six to 12 months. However, there is the risk if not the likelihood of an uneven recovery, with significant setbacks along the way and some permanent damage.
By Joachim Fels | Mar 16, 2020 Policymakers: Pulling Out All The Stops Governments and central banks have started to respond more forcefully to the health crisis, enacting policy in an effort to limit long-term damage to the global economy.
By Joachim Fels | Mar 09, 2020 Economic Outlook Update: ILU Trajectories Global growth could follow a U-shaped path over the next few quarters, though substantial uncertainty remains as policymakers grapple with the impact of the coronavirus.
By Joachim Fels | Feb 18, 2020 Growth, Inflation, and the Potential for Disruption Three key themes from our latest Cyclical Outlook will likely drive the global economy and central bank policy in the year ahead.
By Joachim Fels | Feb 06, 2020 Corporate Credit, Housing, and the Next Recession This time, it’s the riskier segments of the corporate credit market – not housing – that could trigger the next downturn.
By Joachim Fels | Jan 07, 2020 Key Takeaways From PIMCO’s Cyclical Outlook: Seven Macro Themes for 2020 We discuss two of the key themes from our latest Cyclical Outlook that are likely to drive the global economy in the year ahead.
By Joachim Fels | Sep 26, 2019 Key Takeaways From PIMCO’s Cyclical Outlook: Window of Weakness In our latest Cyclical Outlook, we discuss a period of vulnerability for the global economy.
By Joachim Fels | Aug 27, 2019 Global Fetters: Insights From Jackson Hole The institutional “golden fetters” of the interwar period have been replaced by fundamental “global fetters” that severely constrain monetary policy.
By Joachim Fels | Aug 06, 2019 Interest Rates: Naturally Negative? It is no longer absurd to think that the nominal yield on U.S. Treasury securities could go negative.
By Daniel J. Ivascyn, Joachim Fels, Tina Adatia | Jul 19, 2019 Secular Outlook 2019: Implications for Investors PIMCO experts discuss economic and market conditions and what investors can expect over the next three to five years.
By Tina Adatia, Joachim Fels | Jun 26, 2019 5 Trends That Could Disrupt Markets PIMCO experts discuss the secular trends that have the potential to disrupt the global economy, financial markets and investors’ portfolios over the next several years.
By Joachim Fels, Andrew Balls, Daniel J. Ivascyn | May 29, 2019 Key Takeaways From PIMCO’s Secular Outlook: Dealing With Disruption In our latest Secular Outlook, we discuss our baseline long-term view for the global economy and share ideas for how investors can deal with disruptions. Here are the key takeaways.
By | {{result.Date | date:'MMM dd, yyyy'}} {{result.FirmApprovalName}} Control Number: {{result.FirmApprovalCode}} | Firm Approval Expiration Date: {{result.FirmApprovalDate}} — {{result.CustomText}}
Aaditya Thakur Allison Boxer Andrew Balls Andrew Bosomworth Andrew T. Wittkop Anmol Sinha Beth MacLean Carol Liao Christian Stracke Chris Brightman Daniel H. Hyman Daniel J. Ivascyn David Fisher David Hammer David L. Braun Del Anderson Ed Devlin Emmanuel Roman Emmanuel S. Sharef Erin Browne Eve Tournier Gavin Power Gene Frieda Geraldine Sundstrom Giang Bui Greg E. Sharenow Harin de Silva Isaac Meng Ismael Orenstein James Moore Jamil Baz Jerome M. Schneider Jerry Woytash Joachim Fels John M. Devir John R. Cavalieri Josh Davis Joshua Anderson Julie P. Callahan Kate Lehrkind Kenneth Chambers Ketish Pothalingam Konstantin Veit Kristofer Kraus Kwame Anochie Laura Graff Libby Cantrill Lillian Lin Lorenzo Pagani Lupin Rahman Marc P. Seidner Mark R. Kiesel Matthew Livas Matthew Tracey Michael Althof Michael Connor Mike Amey Mike Cudzil Mohsen Fahmi Nathan Chiaverini Nicholas J. Johnson Nicola Mai Olivia A. Albrecht Peder Beck-Friis Philippe Bodereau PIMCO Pramol Dhawan Ran Duan Ray Huang Richard Clarida Rick Chan Robert Mead Ryan Murphy Sabeen Firozali Sachin Gupta Samuel Mary Scott A. Mather Sean McCarthy Sonali Pier Stacey Shi Stephen Chang Tiffany Wilding Tina Adatia Tomoya Masanao Tony Crescenzi Vinicius Silva William Martinez Yacov Arnopolin Yishan Cao
March 2021 February 2021 January 2021 December 2020 November 2020 October 2020 September 2020 August 2020 July 2020 June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 March 2018 February 2018 January 2018 December 2017 November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 December 2016 November 2016 October 2016 September 2016 August 2016 July 2016 June 2016 May 2016 April 2016 March 2016 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 August 2015 July 2015 June 2015 May 2015 April 2015 March 2015