Authorization

$1.9 trillion investment giant PIMCO used a Nobel winner's methodology to envision the next recession a?? and concluded that its likely trigger is well underway

$1.9 trillion investment giant PIMCO used a Nobel winner's methodology to envision the next recession a??В and concluded that its likely trigger is well underway
REUTERS



Pimco heeded the advice of Nobel-winning economist Richard Thaler and conducted a so-called premortem to keep its bullish biases in check.




Although the firm does not expect a recession this year, it identified a corner of the credit market as the probable accelerator of an economic downturn.




The $1.9 trillion investment firm also shared the investing implications of this risk.




Click here for more BI Prime stories.



One does not need be bearish on the economy to start thinking about the next recession.
Just ask Pimco, the global investment firm with $1.9 trillion in assets under management.
Its team of US economists put heads together to formulate an outlook for the economy in 2020 — and concluded that there likely will not be a recession this year.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Апрель 2020    »
ПнВтСрЧтПтСбВс
 12345
6789101112
13141516171819
20212223242526
27282930