Blog Secular Outlook 2019: Implications for Investors PIMCO experts discuss economic and market conditions and what investors can expect over the next three to five years.
What can investors expect over the next three to five years? Dan Ivascyn, group CIO, and Joachim Fels, global economic advisor, discuss economic and market conditions and what investors should consider over the secular horizon. For more insights on developments that could move economies and markets, see our recent Secular Outlook, Dealing With Disruption. READ HERE
Viewpoints China Steps Up Property Support: Is This the Turning Point for the Struggling Sector? China’s introduction of comprehensive support for its real estate sector could provide some cyclical relief amidst longer-term headwinds, but new COVID-19 waves cloud the outlook.
Blog Continuity and Concrete Direction: Takeaways From China’s 20th Party Congress Stability, security and self-reliance were overarching themes from China’s twice-a-decade leadership reshuffle. With few details disclosed on near-term supporting policies, we remain cautious on the Chinese market.
Blog China’s Mortgage Boycott: Could Property Sector Cracks Lead to Systemic Risk? Our stress tests show the Chinese banking sector as a whole can absorb shocks from a severe downside scenario, but mid-sized banks and contagion pose potential risks.