You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

2 June 2017 (TheAge) – Pimco says it’s time to accumulate cash to offset rising risks – 70pc chance of recession ‘in next 5 years’

(2 June 2017, The Age, BusinessDay, p25, John Gittelsohn)

‘Pacific Investment Management Co has a message for investors: It’s time to stop taking the markets for granted. Investors have become too complacent and monetary, fiscal, trade and geopolitical risks abound, Pimco’s Richard Clarida, Andrew Balls and Dan Ivascyn said in a report issued overnight. There’s a 70 per cent chance of a recession in the next five years, they said.’

Read more at TheAge.com.au

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: