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Scott A. Mather
Investors in the eurozone will continue to face difficult choices as credit and economic risks rise.
Saumil H. Parikh
Tony Crescenzi, Ben Emons, Andrew Bosomworth, Lupin Rahman
William H. Gross
We believe that a number of forces have converged to increase the likelihood of multiple equilibria in the market, resulting in distribution curves that could have fatter tails and less symmetry than traditional models.
Even if the global risk environment deteriorates significantly, emerging markets may continue to offer compelling risk-adjusted return characteristics.
David Fisher, Olivia A. Albrecht
Mark R. Kiesel
While economic integration has progressed materially since the inception of the EMU, the U.S. scores much higher in terms of labor productivity, labor mobility and wage flexibility.
No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Pacific Investment Management Company LLC, 840 Newport Center Drive, Newport Beach, CA 92660, 800-387-4626. ©2014, PIMCO.
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