Trade Is Now War, Kotok Says
Bloomberg Surveillance
00:00
The Impact of the Tax Code Change on Investment
PIMCO and Dan Iverson, possibly one of the most talented portfolio managers on the planet, turning cautious and defensive. He says populist parties have already gained traction across the globe. The major central banks are trying to step away from accommodation. Their influence has been quickly replaced by that of politics. His view, the funds view for both equity and fixed income investors, we think this means low returns and unfortunately high volatility.
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