PIMCO CIO says preparing for ‘more difficult touchdown’ for world financial system – FT

PIMCO CIO says getting prepared for ‘more challenging landing’ for global financial system – FT

© Reuters. FILE PHOTO: The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake/File Photo (Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment