Pimco Pares Risk on Bet Monetary Easing Distorts Markets
Pacific Investment Management Co., home to the world’s biggest fixed-income fund, is shying away from risky assets as it sees a growing disconnect between the performances of financial markets and the global economy. “Especially with ever-elevated prices …
UPDATE 1-PIMCO says US growth to hover around 2 pct next 3-5 yearsReuters
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