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Pimco

Why Is the Dollar So Weak?

February 2, 2018 // Frankfurter Allgemeine Zeitung - Germany - German

<i>The expansionary fiscal policy of the American government alongside the Federal Reserve's tighter monetary policy should theoretically be appreciating the dollar – yet the currency remains weak. Joachim Fels from the investment company PIMCO attempts to offer an explanation. </i> Why has the dollar been so [Read more]

The Wall Street Earthquake

October 27, 2014 // La Stampa - Italy - Italian

It would take Euripides, or Shakespeare at least, to tell this story. It's an ancient tragedy that happened only last week, a story of hubris, passion and ambition set not in Athens or Verona but between California and Wall Street. Above all, it's a story that is changing the face of one of the most important world [Read more]