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Extra Credit: PIMCO Perspectives with Marc Seidner and Pramol Dhawan

PIMCO Accrued Interest

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The Future of the U.S. Dollar

This chapter examines the precarious state of the U.S. dollar amid evolving geopolitical dynamics and concerns of overvaluation. It discusses the implications of a potential shift away from U.S. exceptionalism, the challenges facing the bond market, and the need for global diversification in investment strategies. The analysis also highlights the trend towards reduced foreign investment in U.S. assets and the impact of rising defense spending on the U.S. economy.

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