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Pimco Sees Risk of Recession. Alternative Investments Look Appealing.

Por: MarketWatch Business April 27, 2023

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Recession fears have been much discussed over the past year. Adding fuel to the fire have been the results from (ticker: FRC), which showed deposits down more than 40% renewing fears of a bank contagion. All this comes against the backdrop of a deadlock between President Joe Biden and House Speaker Kevin McCarthy on raising the U.S. borrowing cap. “There’s a lot of economic uncertainty and risks of meaningful risk of a recession,” Ivascyn... + full article



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