Cut through the noise
Read PIMCO’s Insights
Stay informed with PIMCO expert analysis and insights on the fast-moving trade policies and their implications for markets and investors across the globe.
Policy Volatility and Market Implications
The previous week was unusually fluid across financial markets as investors digested the prospect of tariffs, along with questions around their implementation. Amid the volatility, it’s important to keep a longer-term perspective. Here are some of PIMCO’s latest observations about the economy and markets, as well as where it sees investment opportunities.
Unpacking Global Fiscal and Trade Imbalances
PIMCO Economist Tiffany Wilding shares her analysis of select countries’ fiscal and trade imbalances influencing recent U.S. tariff policy and their implications for inflation and recession risks.
President Trump Blinks for Now, But Tariffs Remain High
On 9 April, President Donald Trump announced a 90-day pause on the higher “add-on” reciprocal tariffs on 50-plus countries that had been announced the previous week, precipitating a historic equity market rally. It showed that there was seemingly a limit to how far he would go to move forward with his trade agenda. While the worst-case scenario has likely been avoided, meaningful tariffs remain, which are likely to have implications for U.S. and global growth as well as inflation.
Dan Ivascyn on Bond Investing in a Turbulent Global Market
PIMCO’s Group CIO Dan Ivascyn, discusses the value of high-quality fixed income and how to navigate risks amid the current market turbulence
The U.S. Economy’s Trajectory Amid Higher Tariffs
On 2 April, the Trump administration announced sweeping tariffs that were more aggressive than many had expected. Then on 9 April, the administration announced a 90-day pause on most of the new country-specific “reciprocal tariffs.” However, tit-for-tat retaliation has further escalated tariffs on U.S. imports from China, and vice versa.
Cyclical Outlook: Seeking Stability
The world has entered a period of geopolitical uncertainty, with the U.S. now at the centre of the storm. Read more for near-term economic views from PIMCO.
