Nicola Mai
Europe is investible again—but the playbook is changing. In this episode, Nicola Mai, PIMCO’s Economist and Sovereign Credit Analyst, alongside PIMCO Portfolio Managers, Konstantin Veit and Sara Adjir break down their insights on Europe’s evolving economic landscape and where investors can find value today.
Amid global uncertainty, Europe faces slower growth but will benefit from increased stability.
The degree to which growth in Europe slows, along with inflation developments, will be key in determining the path ahead for the European Central Bank.
As the European economy, particularly Germany, struggles with stagnant GDP and structural issues such as lagging technology and high energy prices, we see opportunities for fixed income investors.
Despite a weak growth outlook the Euro area’s increased resilience and stability makes European fixed income investments attractive.
Despite its cyclical and secular challenges, we believe Europe is a good diversifier for duration in global portfolios.
With a sluggish economy and a downturn in German production, the eurozone outlook looks weak for 2024
Where can investors turn to as market uncertainty prevails? PIMCO experts Nicola Mai and Charles Watford discuss the economic outlook and opportunities ahead in European credit markets.
Hear PIMCO’s experts discuss insights from our latest economic outlook, Post Peak, and how today’s attractive yields offer opportunity in the face of growing uncertainty.
Our cyclical outlook: Markets appear priced for a benign economic outcome that would be a historical rarity given current conditions. Higher bond yields offer resilience amid increasing risks to the global economy.