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Key Takeaways From PIMCO’s Cyclical Outlook: From Hurting to Healing

Key Takeaways From PIMCO’s Cyclical Outlook: From Hurting to Healing

We expect the global economy and financial markets to transition from intense near-term pain to gradual healing over the next six to 12 months. However, there is the risk if not the likelihood of an uneven recovery, with significant setbacks along the way and some permanent damage.

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