PIMCO Pod

In this episode, we discuss how higher rates, weaker underwriting, and software concentration are exposing vulnerabilities in direct lending and leveraged loans, while high yield bonds appear better positioned. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a pod...

In this episode, we discuss whether AI could lower – not raise – neutral interest rates over time, and what that means for monetary policy, bond markets, and the economic outlook. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibil...

In this episode, we discuss how a widening confidence gap in non-traded investment vehicles is testing private credit valuations, sharpening the case for manager selection and diversification beyond direct lending. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a...

In this episode, we discuss the potential market impact of a less communicative Federal Reserve amid broader macro uncertainties The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information included herei...

In this episode, we discuss how in a world of high starting yields and rupturing economic alliances, investors who actively diversify across regions, sectors, and currencies can be better positioned to pursue durable returns. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information pr...

In this episode, we discuss why emerging market bonds are delivering the best risk-adjusted returns in fixed income, and what it means for multi-asset portfolios in 2026. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of th...

In this episode, we discuss the Fed holding rates while signaling a more hawkish outlook and possible policy changes under Chair Warsh.​‌ The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information inclu...

In this episode, we discuss A rigorous framework anchored in asset-based finance helps define the actual scale and scope of the opportunity. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information in...

In this episode, we discuss how a global economic outlook for fractured alliances, fiscal strain, and massive-scale AI investment could drive divergent possibilities – and reward diversified, high quality fixed income and credit strategies. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon...

In this episode, we discuss how behind the recent rally in energy credit lies a multi-year story of management discipline, restrained capital spending, and sector consolidation. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibilit...

In this episode, we discuss how weakening real incomes, low savings, and rising uncertainty could quietly undermine U.S. consumption and economic resilience despite strong headline growth. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole re...

In this episode, we discussed how structural pressures from the AI buildout are real, but they are growing slowly, not driving the yield moves investors are watching right now. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility...

In this episode, we discuss how overlapping supply shocks and AI-driven demand are clouding inflation signals, complicating Fed policy and widening uncertainty around future rate decisions. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole r...

In this episode, we discussed that with spreads tight and dispersion rising, the tools investors use to judge performance matter more than ever. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The informatio...

In this episode, we discuss today’s AI financing wave looks more disciplined than past infrastructure investment booms, yet it still demands selectivity. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The i...

Welcome to PIMCO Pod. In this episode, We discuss how rising AI adoption is likely contributing to near-term inflation but may ultimately reduce the labor share of income and lead to longer-term disinflationary pressures. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provid...

In this episode, we discuss how AI-driven capex is widening the gap between opportunity in equities and risk in credit. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information included herein is not...

In this episode, we discuss how marking asset prices more frequently won’t fix transparency and accuracy issues in private credit, which still lacks a market-based method of determining prices. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the so...

In this episode, we discuss how U.S. inflation looks tame in CPI but remains elevated in the Fed’s preferred PCE measure due to AI-driven demand and rising tech and energy costs. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibili...

In this episode, we discuss how oil sends a warning, risk assets shrug, and rates markets price in a more cautious distribution of outcomes. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information in...

In this episode, we discuss the Federal Reserve’s decision to hold rates steady amid heightened uncertainty and competing economic risks. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information inclu...

In this episode, we discuss how equity and credit investors are reassessing BDC valuations differently – and why high yield defaults continue to play out primarily through distressed exchanges. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the so...

In this episode, we discuss strategies to strengthen and diversify portfolios need to adapt to a world where geopolitical risk is a feature rather than a bug. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener....

In this episode, we discuss how persistent energy price pressures and less‑than‑expected tax relief are intensifying financial stress for U.S. households and reinforcing K‑shaped economic outcomes. The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at th...

In this episode, we discuss how, the software sector remains challenged by pressured valuations, uncertain recoveries, and less reliable sponsor support.  The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The...