Pimco Doesn't See Extended Positive Effects of U.S. Tax Cuts

The transcript discusses the global economy, focusing on US growth and the impact of tax cuts. It examines the sustainability of US economic growth amid Fed rate hikes and potential challenges in the coming years. The discussion also covers the divergence between emerging and developed markets, with insights into investment strategies and client concerns regarding US growth and market valuations.

What is one of the main challenges discussed regarding US growth?

• The sustainability of the growth acceleration

• The decline in technology stocks

• The impact of global warming

• The rise of cryptocurrency

What is the expected trend for US growth according to the second section?

• A significant increase

• A return to more normalized levels

• A complete halt

• An unpredictable fluctuation

What has been a significant factor in the emerging markets' performance?

• PE multiples

• Cryptocurrency trends

• Interest rates

• Oil prices

What are investors considering in light of sanctions and other issues?

• Investing in US small caps

• Avoiding all US investments

• Investing in foreign currencies

• Focusing on technology stocks

What is a potential strategy for investors who were underweight in emerging markets?

• To invest in real estate

• To shift gears and reinvest in EM

• To continue avoiding EM

• To focus solely on US markets