PIMCO CIO Global Credit Mark Kiesel discusses how credit markets are pricing in the evolving economic climate and where PIMCO is beginning to see opportunities. https://youtu.be/wyGZU3comKg
The Fed’s announcement that it will stop running down its MBS holdings and buy at least $200 billion of mortgages represents a material shift in this market. https://youtu.be/bgZoizIw-XA
Sudden market downturns can be unsettling. Sticking with your plan helps put you in the best position to capture a recovery.