Salient to Investors:

  • Russ Koesterich at BlackRock said volatility is very low because monetary conditions are easy but when investors see the US and UK central banks tighten then we will get a long-awaited rise to normal levels, but not to those of 2008 with the VIX at 90.
  • Pimco expects a new neutral of low interest rates and lower, more stable global growth.


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