Despite seeing major market swings following the 2016 Brexit referendum, we don’t expect Britain’s departure from the European Union (EU) to have any major economic effects in our baseline outlook for 2021 and beyond. Far more important are COVID-19, fiscal policy, and bigger questions around future productivity growth.

A confluence of dynamics are set to accelerate global capital flows to emerging markets amid attractive valuations.

PIMCO’s “Income to Outcome” framework offers strategies to navigate retirement’s stumbling blocks.