Pimco released a report recently and stated stocks haven’t looked this expensive relative to bonds in nearly 25 years.
Bonds look better than they have for a long time.
Pimco states "The traditional world order — in which economics shaped politics — has been turned on its head,” according to a new five-year Pimco outlook co-written by Richard Clarida, now a global economic adviser at Pimco and formerly a Federal Reserve vice chair from 2018 to 2022.
“Politics is now driving economics, especially in the U.S. and increasingly in how other countries respond.”
Pimco recommends investors should start taking advantage of the highest returns in decades offered by fixed assets rather than chasing stocks at elevated valuations.
I have recognized politics and government policies significantly affect our economy and our money for several years. This is why I share this info on my radio show.
This is the "Golden Era" of fixed assets. The best rates in 40+ years! Insured with guarantees.
- Your Personal Bank policies are insured, with guarantees, income tax-free, highly liquid, and likely to increase returns for the next 5-10 years due to higher bond yields.
- Fixed Index Annuities have the best upside potential in 40+ years with no downside market risk. The principle is guaranteed. Some offer signing bonuses up to 16% with strong upside potential.
- Guaranteed Lifetime Income is the highest in 40+ years. Some products offer up to 30% signing bonus. Other products offer up to 10% increased guaranteed lifetime income each year you defer.
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