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FT front page: Bond fund giant Pimco prepares for ‘harder landing’ for global economy

The Financial Times front page carries a piece looking at how Pacific Investment Management Company (PIMCO) is preparing for a US recession. Citing PIMCO's chief investment officer.In brief the piece says:the market is too optimistic on rate cutsthat persistent inflation remains a key issuethe firm is expecting a 'wave' of forced sellingWhile the FT is gated, here is a tweeted pic of the front page. If you've been eating a lot of carrots you'll be able to read the piece and get more info:... Read More

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Content Topics

Front

Bond

Fund

Giant

Pimco

Prepares

Harder

harder

Landing

Global

Economy

Forex

Posted: Jul 2 2023, 21:38

Author Name: forexlive

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