You Searched For "pimco" and got 20 results
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2 mins read
PIMCO economist says fears of a US debt crisis are overblown - for now
"Previous episodes when federal interest payments (as a proportion of total outlays) reached simila…
Filip De Mott
1 min read
Credit investments aren't worth the risk right now, says bond giant PIMCO
Investors who lend to the less-liquid private market are not compensated well enough for today's ma…
Filip De Mott
2 mins read
Bond giant PIMCO sees another wave of bank failures coming as commercial mortgage trouble mounts
A high concentration of commercial real estate loans will cause more banks to fail, Pimco's John Mu…
Filip De Mott
2 mins read
The Fed's next move will be to cut rates as the drop in inflation was a 'gamechanger,' former PIMCO chief economist says
Some forecasters say the Fed will slash interest rates by nearly three percentage points next year …
Jennifer Sor
2 mins read
The inflation report is great news for the prospect of a rate cut
Cooler June inflation is a win for the Fed, which has been looking for concrete signs that price pr…
Max Adams
2 mins read
Stock market today: S&P 500 closes at a record high as investors await the latest Fed decision, May CPI
The S&P 500 hit a record. Shares of Apple surged a day after its WWDC event, while traders braced f…
Filip De Mott
2 mins read
The drop in inflation in June paves the way for the US economy to avoid a recession, former PIMCO chief economist says
The Fed could rapidly cut interest rates if higher borrowing costs threaten to push the US into rec…
Jennifer Sor
1 min read
Billionaire 'Bond King' Bill Gross says a Trump win would be 'disruptive' for markets
A Trump presidency would worsen US fiscal deficits, the billionaire investor and PIMCO co-founder s…
Shubhangi Goel
1 min read
PIMCO says it's bracing for a 'harder landing' for the global economy, warning investors are too hopeful about interest-rate cuts
"We would argue that the market may still be too confident in the quality of central bank decisions…
Zahra Tayeb
2 mins read
Wall Street giants like JPMorgan and Pimco are walking back their environmental pledges after years of outspoken support for fighting climate change
Wall Street giants, including JPMorgan and State Street, are retreating from environmental initiati…
Samantha Stokes
1 min read
A potential US recession will be mild and more in line with 'light rain' as opposed to a hurricane, says Pimco strategist
The macroeconomic picture looks "pretty stable," and as investors gauge the risk of a recession, "I…
Brian Evans
2 mins read
Pimco says the yield curve inversion may be a false alarm for recession due to QE and US large-cap stocks are the 'best place to be right now'
A key segment of the yield curve briefly inverted Tuesday for the first time since 2019, with the 2…
Carla Mozée
2 mins read
Billionaire bond king Bill Gross calls meme stocks GameStop and AMC lottery tickets - and says there's no real value behind them
Both companies have "very little" behind them, and their stocks will fall, Gross told Yahoo Finance…
Shalini Nagarajan
2 mins read
Pimco says the risks have increased for an ‘anti-Goldilocks economy’ — where growth is too cold and inflation is far too hot
The global economy faces a stagflationary shock as the Russia-Ukraine conflict pushes up energy pri…
Hamza Fareed Malik
2 mins read
Legendary investor Bill Gross warns the Fed will 'crack the economy' by hiking interest rates aggressively
The Fed hiked interest rates for the first time since 2018 last week, but some strategists worry th…
Harry Robertson
2 mins read
Investment giant Pimco risks losing up to $2.6 billion if Russia defaults on its debt: report
Asset manager Pimco holds $1.5 billion in Russian bonds, and $1.1 billion in CDS after it bet big a…
Hamza Fareed Malik
1 min read
A recession and stagflation could be coming and the Fed is handcuffed in what they can do about it, says legendary Pimco co-founder Bill Gross
The legendary investor said he owns "a lot of oil pipeline partnerships," but cautioned he wouldn't…
Phil Rosen
1 min read
The US' $34 trillion debt deficit will drive inflation and worsen 'like global warming' over the next 10 years, Bond King Bill Gross says
As the US relies on deficits for growth, debt will continue to compound, making it a serious proble…
Filip De Mott
2 mins read
The Fed will keep issuing 75-basis-point hikes until 'something cracks' in the data, former PIMCO chief economist says
But a "crack" could first hit markets before it hits the real economy, he told CNBC, warning of a p…
Jennifer Sor
2 mins read
It'll take months for the impact on Russian oil from the EU price cap to feed through – and how bad it is depends on these 3 things, PIMCO says
The real impact of EU constraints on Russian oil will depend on how many ships Moscow can get to ca…