PIMCO bullish on stocks on US soft landing hopes, cautious on inflation

Biztoc.com - 20 November 2024

PIMCO bullish on stocks on US soft landing hopes, cautious on inflation

An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO to favor stocks and some other risk assets, while seeking protection against inflation as the new U.S. government could implement policies that put upward pressure on prices.

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