The members of PIMCO’s Global Advisory Board, a team of world-renowned macroeconomic thinkers and former policymakers, recently joined the discussion at PIMCO’s annual Secular Forum, where they addressed critical factors likely to shape the global economy over the five-year horizon. The board’s insights constitute a valuable input into PIMCO’s investment process, and the views they presented helped inform the latest Secular Outlook, “The Aftershock Economy.” The discussion below is distilled from their far-ranging conversation. Q: What are some global macroeconomic and geopolitical trends that are likely to have an ... (full story)