Categories

Pragmatic Capitalism

Capital for Living a More Practical Life

PIMCO’s Picks & Pans

Via Bill Gross’s monthly letter – some picks and pans for the new normal:

But if a 2% or lower real growth forecast holds for most of the developed world over the foreseeable future, then it is clear that there will be investment consequences. Shown below, as recently published in a TIME Magazine article by Rana Foroohar, is a PIMCO list of future Picks and Pans based upon these ongoing structural changes:

Picks

  • Commodities like Oil and Gold
  • U.S. Inflation-Protected Bonds
  • High-Quality Municipal Bonds
  • Non-Dollar Emerging-Market Stocks

Pans

  • Long-Dated Developed-Country Bonds in the U.S., U.K. and Germany
  • High-Yield Bonds
  • Financial Stocks of Banks and Insurance Companies

Did you have a comment or question about this post, finance, economics or your love life? Feel free to use the discussion forum here to continue the discussion.*

*We take no responsibility for bad relationship advice.