PIMCO's Updated Secular Outlook
In its ongoing quest to anticipate the economic, social and political influences on the bond market, PIMCO recently updated its secular outlook for the next three to five years. Their outlook, which guides their structuring of bond portfolios, includes:
Emerging economies to lead global growth
An upward trend in inflation
Lower corporate profits
Greater regulation of the financial markets
For these and other comments on PIMCO's expectations for the economy and their portfolio management, please click here.