All Episodes
PIMCO Pod — 148 episodes
The Credit Market Lens: One AI Trade for Now, Many Trades Later
Drawing Comparisons Between Technology Regimes: A Behavioral View
Welcome Back, Balanced Portfolio
How a K-Shaped Economy Affects Opportunities in Asset Based Finance
If Inflation Is the Problem, Why Aren't Wages?
The Credit Market Lens: U.S. Corporate Issuers Can Digest Higher Refinancing Costs
Buybacks, Market Functioning, and Treasury Predictability
PIMCO Perspectives: What's Pushing Long-Term Bond Yields Higher?
The Credit Market Lens: Narrowing the Visibility Gap in Defaults
Counterintuitive Labor Market Shifts Constrain Measured U.S. Wage Gains
The Credit Market Lens: What BDC Markets Are Signaling About Private Credit Valuations
As Older Workers Retire, Labor Costs Ease
The Credit Market Lens: The AI Split Between U.S. Dollar and Euro Investment Grade
Underlying Inflation Gauges: Trimming Noise or Trimming Signal?
The Credit Market Lens: Still Buying America
The Fed Holds Steady, But Questions Linger
Geography, Geopolitics, and Gamesmanship Leave Little Room for Error in Energy Markets
The Credit Market Lens: The Return of Financial Engineering – Not 2008, But Not Nothing
When Monetary Policy Surprises Stop Translating
The Credit Market Lens: Rich Spreads, Cheap Treasuries, and an Incomplete Explanation
PIMCO Perspectives: Old-Fashioned Bond Math for a New-Fashioned Fed
Real Estate: From Repricing to Relevance
Fed Policymaker Comments Raise the Stakes for Inflation Data
The Credit Market Lens: A Higher Bar for Earnings Season
The Credit Market Lens: A Growing Divide in Leveraged Finance
Does AI Raise or Lower Neutral Rates?
The Credit Market Lens: What BDC Redemptions and NAV Pressures Mean for Investors
Will Greater Monetary Policy Uncertainty Lead to Tighter Financial Conditions?
Global Bond Diversification: Higher Yields and New Opportunities for Alpha
The Credit Market Lens: Sharpe Is Back in Emerging Markets
Hawkish-Leaning Committee, Reform-Minded Chair: Warsh’s First Fed Meeting
How Large Is Private Credit’s Total Addressable Market, Really?
Secular Outlook: Rupture and Resilience
Energy Credit Market Returns Reflect Sector Discipline
The Quiet Erosion Beneath U.S. Growth
AI Financing Needs Do Not Override Cyclical Drivers of Yield
Supply Shocks and AI-Related Demand Blur Inflation Signals for the Fed
Measuring What Matters in Public and Private Fixed Income
AI Credit Expansion: Assessing the Micro and Macro Risks
AI, Market Power, and Diminishing Labor Share
What Would The Merton Model Say About AI Capital Spending?
Daily Pricing Is Not Daily Liquidity
U.S. Inflation Measures Tell Two Different Stories
Making Sense of a Cross-Asset Disconnect
Fed’s Holding Pattern Continues Amid Competing Risks
The Credit Market Lens: Differing Signals in BDCs, and Orderly Defaults in High Yield
When Geopolitics Becomes an Economic Input
Higher Energy Costs, Weaker Tax Relief Squeeze U.S. Households
The Credit Market Lens: Software Stuck in a Trough
Why the Fed Could Shrink Its Balance Sheet Again (and Markets Might Not Notice)
The Credit Market Lens: Oil Supply Shocks Don’t Age Well
U.S. Employment Volatility Masks Structural Shift
Temporary Disruption – or the Start of a Global Supply Shock?
The Credit Market Lens: A market split, but for how long?
Layered Uncertainty: Conflict, Credit Stress, and AI
Spreads May Be Converging Across Public and Private Markets, But Liquidity Is Not Evolves
Caution Takes Center Stage at the March Fed Meeting
Private Credit’s Other Lanes Still Offer Value
Middle East Conflict Clouds the Economic Outlook
Behavioral Insights for Investors: Reconciling the Hot Hand and Gambler’s Fallacies.
Tariff Ruling Drives Near-Term Uncertainty, With Potential for Longer-Term Stability
The AI-Driven Productivity Tide May Not Lift All Boats
U.S. Housing Inflation: Stubbornly High to Stubbornly Low
Expect the Unexpected
U.S. Policy Update: Warsh Fed Nomination and Texas Special Elections
Under a Warsh Fed, Expect a Thoughtful Policy Approach
Fed Holds Steady and Signals Longer-Term Easing Bias
Why U.S. Productivity Gains No Longer Reach Workers
PIMCO Cyclical Outlook - Compounding Opportunity
Theory of Mind in Markets
How Tariffs and Technology Reshaped the U.S. Economy in 2025 – and What Comes Next
Charting the Year Ahead: Investment Ideas for 2026
Tariffs Are Here to Stay
The Economics of AI Scale
After the Gold Rush The Strategic Role of Commodities in Portfolios
Fed Policy in the Fog of Missing Data
China’s Growth Engine Faces Fresh Challenges
Cracks Emerge Beneath Market Resilience, Challenging Areas of the U.S. Economy
Tariffs Test AI-Driven Expansion
U.S. Shutdown Stalemate: Economic Impact and the Fed’s Next Move
PIMCO Cyclical Outlook - Tariffs, Technology, and Transition
Troubling Signals in U.S. Employment Data
Fed Delivers Dovish Shift, Restarts Rate-Cutting Cycle
U.S. Labor Markets: A Release Valve for Tariff Pressure?
PIMCO Perspectives - A Fed Housing Fix That’s Hiding in Plain
Decision-Making and Behavioral Bias in the Age of AI
Renewed Challenges to Fed Independence
The Economy Isn’t the Stock Market (and Vice Versa)
U.S. Economic Data: Reliability Is Crucial
Downshifting to Neutral: Labor Market Revisions Spark Fears of Slower Growth
U.S. Economy: Investment Momentum Meets Policy Uncertainty
Long View on the Fed: A Return to Neutral
The Economic Impact of U.S. Tariffs: Waiting, Watching, and Planning
PIMCO Perspectives - Holding Steady Amid Whipsawing Markets
Balancing Act: Building Resilient Portfolios in a Changing Landscape
Bend, Not Break: Investing in Real Estate Amid Economic Uncertainty
Developed Market Public Debt: A Long Road Ahead
U.S. Policy Watch: From Trade to Taxes
PIMCO Secular Outlook - The Fragmentation Era
Japan: Rates and Risks Back on the Global Stage
The U.S. Current Account: Trade and Fiscal Deficits Are Closely Linked
Moody’s Downgrade Underscores Tensions Over U.S. Debt Outlook
How Does the Data Make You Feel?
The Fed Is in a ‘Good Place’ – But for How Long?
A Tariff Winter Is Coming?
Challenges to Fed Independence
How Effectively Can the U.S. Economy Untether From China?
PIMCO Perspectives - Trade Wars and the U.S. Dollar
Overall U.S. Tariff Level Still High Despite Exemptions
Navigating Global Market Turbulence
The U.S. Economy’s Trajectory Amid Higher Tariffs
President Trump Blinks for Now, But Tariffs Remain High
Tariff Turbulence: What to Watch, Including Possible Constraints
PIMCO Cyclical Outlook - Seeking Stability
Trade Policy and the U.S. Economy in 2025
The Challenges of Currency Intervention
Vegetables vs. Dessert Under Trump 2.0: Assessing the Economic Impact of Policy Decisions
Hope and Hype on German and EU Fiscal Reforms
Reciprocal Tariffs: The Trump Administration’s New Trade Strategy
PIMCO Perspectives - Where to Look When Equities Are Priced for Exceptionalism
U.S. Labor Market Faces Tighter Immigration Policy
The Tariff Tug-of-War: Balancing Economic Growth and Trade Relations
What U.S. Tariff Announcements Could Mean for the Economy
The Behavioral Lens: Best Practices for Decision-Making Under Uncertainty
The 5 D’s of Trump’s Second Administration: Key Economic Themes
PIMCO Cyclical Outlook - Uncertainty Is Certain
Tariffs, the Dollar, and the Fed: Crucial Decisions in 2025
Will We See Bold Policy Choices in the U.S.?
From Cash to Bonds: A Strategic Shift in Post-Pandemic Investing
Alternatives Investment Outlook - Private Credit: Asset-Based Finance Shines as Lending Landscape Evolves
Global Inflation: Is the Tide Turning?
PIMCO Perspectives - Thoughts From the Bond Vigilantes
U.S. Debt Dilemma: Politics and Economics
Fed 2025 Outlook: Hikes Still Unlikely
Negative Correlations, Positive Allocations
Economic Changes That U.S. Voters Want to See
Trump’s Second Act: What to Expect 2025 and Beyond
Key Policy Questions Likely to Linger After the Election
Mixed Signals: Assessing How Markets Might Respond to the U.S. Election
PIMCO Cyclical Outlook - Securing the Soft Landing
Starting With a Bang: Fed Cuts Policy
PIMCO Perspectives - Cuts and Consequences
Powell on Fed Policy Moves: The Time Has Come
PIMCO Perspectives - Summer of Dispersion
PIMCO Real Estate Outlook - Facing the Music: Challenges and Opportunities in Today’s Commercial Real Estate Market
Major Shakeup in U.S. Election Diminishes Odds of a Republican Sweep
PIMCO Perspectives - The Cost of Cash: A $6 Trillion Question
PIMCO Secular Outlook - Yield Advantage