Jun 11, 10:54 AM

Pimco Warns of More US Regional Bank Failures and Property Distress Ahead

Pimco, a prominent investment management firm, anticipates an increase in US regional bank failures and property distress, stating that the 'real wave of distress is just starting.' The warning suggests potential challenges ahead for the banking and real estate sectors in the US.

#Pimco #US

Written with ChatGPT (GPT-3).

Sources

Barchart@Barchart
2 years ago
JUST IN 🚨: More Regional Bank failures are coming warns PIMCO https://t.co/AYTMXLddwq
Bloomberg Asia@BloombergAsia
2 years ago
Pimco expects more US regional bank failures as the "real wave of distress is just starting" https://t.co/6qzCduPPmk
Bloomberg Crypto@crypto
2 years ago
Pimco expects more property pain in the US. “The real wave of distress is just starting” https://t.co/o7Gi6pE5SX

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Pimco Warns of More US Regional Bank Failures and Property Distress Ahead

Sources

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