PIMCO cyclical outlook: Policy dissonance and geopolitical risk beget economic decoupling

The U.S. economic policy mix in the post-crisis era has been far from perfect. But, when compared and contrasted with policies enacted in other countries over the same period, the relative lack of policy dissonance in the U.S. clearly stands out, giving birth to our forecast of superior cyclical U.S. economic performance versus the rest of the world. Click here to read the full report.