Market outlooks

Pimco: next five years will be anything but normal

Andrew Balls, CIO Global Fixed Income at Pimco. Photo: Pimco.

The global macro environment will continue to be anything but normal over the next five years. Investors will have to tread a volatile and challenging path. “Our expectations for a more volatile macroeconomic and market environment call for low and realistic expectations for asset market returns over the secular horizon.”

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