Pimco Says Recession Possible in Next Three to Five Years

MarketsETF Trends

This article was originally published on ETFTrends.com.

In a report outlining its market outlook, Pimco said it sees the potential for a recession hitting over the next three to five years. This according to a recent article in Financial Advisor. Forecasting a chance of “less market-friendly central banks,” the asset manager advised clients to reduce the riskiness of their corporate debt holdings and [...]

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