Says Joachim Fels

PIMCO: Mr. Market, Dr. Strangelove and President Trump

Date:

PIMCO: Mr. Market, Dr. Strangelove and President Trump

Author: Gabriela Huerta

  1. Tail risks for the global economy and markets will likely become fatter under President Trump
  2. Central bank independence as we know it is likely to come under further attack
  3. A strategy of “yield curve control” might become a blueprint for other central banks