Posts Tagged ‘pimco economic forecast’

Pimco Sees Slow Growth For Some Time

For what it’s worth Pimco’s CEO, Mohamed El-Erian, has a fairly bearish view of the world’s economy over the medium term — three to five years. He sees higher unemployment, slow global growth and persistent government intervention as the “new normal.” “Relative to where it is coming from, the financial system will be de-levered, de-globalized, […]