PIMCO: This is as good as it gets for the global economy, and it’s time to get cautious

Ralph Orlowski/Reuters If there’s one thing PIMCO is stressing to its clients right now, it’s caution. The $ 1.6 trillion asset manager doesn’t see another economic recession happening just yet. But with low market volatility and many economies around the world growing steadily, there’s an open door for complacency to creep in.  “While the current macro environment and outlook […]

PIMCO: The odds of a ‘full-blown trade war’ are lower than they were 4 months ago

Thomson Reuters Pimco, the investment-management firm, has released its latest cyclical outlook for the global economy during the next 12 months. The firm’s outlook, which is released three times per year, “analyzes business cycle dynamics across major developed and emerging market economies with an eye toward identifying potential changes in monetary and fiscal policies, market risk […]