Pimco Is Selectively Adding Risk in Selloffs, Kiesel Says

The video discusses the current market outlook, emphasizing the importance of selectively adding risk due to expected economic recovery and stimulus. It highlights the unprecedented support from central banks and the impact of liquidity on markets. The discussion also covers the disparity between large and small cap companies, with large caps benefiting more from policies. Investment strategies focus on higher quality bonds and equities, with an expectation of modest returns in 2021 due to global economic growth, central bank support, and fiscal stimulus.

What are the potential risks associated with investing in triple C rated bonds as discussed in the text?

How does the text suggest investors should adjust their return expectations for 2021?

What role does fiscal stimulus play in the economic outlook for 2021 according to the discussion?