Pimco’s El-Erian Sees Global Growth at About 3% in 2014 – Bloomberg 11-26-13

Salient to Investors: Mohamed El-Erian at Pimco said: The global economy will expand 2.75 percent to 3.25 percent in 2014. The big question is less the next 12 months and more what comes after, given we are being sustained by experimental, untested policies. The US and Japan have outperformed other

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U.S. Stocks Fall After Debt Deal as IBM, Goldman Tumble – Bloomberg 10-17-13

Salient to Investors: Disruptions to the economy prompted speculation the Fed would maintain the pace of its $85 billion in monthly bond purchases. BlackRock Inc. and Pacific Investment Management Co. say the Fed will postpone tapering as a result of the debt-ceiling debate. Russ Koesterich at BlackRock said the disruption

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Pimco Raises Outlook for 2014 Growth Citing Fiscal Policy – Bloomberg 09-19-13

Salient to Investors: Saumil Parikh at Pimco said: Global growth will increase to 2.25 percent to 2.75 percent through September of 2014 as US and European policy won’t hamper growth as much as in the past, private sector confidence strengthens as global wealth increases, and central banks use monetary policy

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How 37-Year-Old Teacher Imperils Pimco’s Bond Bet: Mexico Credit – Bloomberg 09-03-13

Salient to Investors: Marco Oviedo at Barclays said teacher protests are a sign that President Nieto may struggle to push through his energy and tax-law plans without modification. Oviedo said education reform shows that it won’t be easy to pass other reforms that hurt certain political groups or interests. Opposition to Nieto’s pledges

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Walsh’s Unconstrained Wins in Bond Rout: Riskless Return – Bloomberg 07-30-13

Salient to Investors: Money managers are betting that bond funds that are unconstrained by duration, strategy or region will attract money as interest rates rise and investors shift assets from traditional fixed-income offerings, which are limited in how they can react to falling bond markets.  Unconstrained funds generally can increase in value

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Pimco Bets on Bonds After Worst Run Since 1994: Australia Credit – Bloomberg 07-28-13

Salient to Investors: Adam Bowe at Pimco said: Australian bonds are attractive after their worst run of losses since 1994 because the central bank will need to lower interest rates as mining investment drops. Pimco prefers to hold Aussie government bonds and high-quality spread assets like swap in the belief that interest

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