Authored by Nicola Mai and Saurabh Sud, PIMCO’s latest outlook examines Europe’s muted growth prospects alongside its resilience and investment potential.
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GDP growth expected to slow to ~0.5% over five years due to weak demographics, lagging technology, and high energy costs.
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Political cohesion, fiscal cooperation, and ECB support underpin monetary union stability, with Bunds and diversified euro area sovereigns offering attractive diversification.
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High-quality corporate credit, especially in investment grade, remains compelling for risk-adjusted returns with lower volatility than equities.
Explore the full report for in-depth strategies and positioning insights for navigating Europe’s stable but subdued landscape.
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