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PIMCO CIO says preparing for ‘harder landing’ for global economy, Financial Times reports Business July 3, 2023 July 2 (Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs…
Stocks will drop as the economy is either about to enter a recession or the Fed is poised to keep rates higher for longer, Morgan Stanley CIO says Finance May 10, 2023 Getty Images / Drew AngererStocks are set to fall further, Morgan Stanley’s top stock strategist Mike Wilson predicted.That’s because the…