Gene Frieda
Gene Frieda is an executive vice president and global strategist for PIMCO.
Bond investors are from Mars, and central bankers are from Venus – or so suggests the bond market’s negative reaction to signals that the exceptional monetary-policy accommodation of the last decade i… read more
Because China's credit system has been designed around implicit state guarantees, much of the financing is misallocated to the economy’s less efficient, highly indebted sectors. As a result, the found… read more
Since the World Cup ended in July, Brazilian economic activity has plummeted, inflationary pressures have intensified, and consumer and business confidence have collapsed. Just how sick is Brazil’s ec… read more
Since his first address as China’s president last year, Xi Jinping has been espousing his goal of advancing the so-called Chinese Dream. But the imperative of addressing the unprecedented amount of de… read more
Though the Federal Reserve is turning a blind eye to the spillover effects of its monetary policy, the impact on emerging economies has been profound. Will the foreign reserves that these countries ha… read more
Over the last decade, America’s expansionary monetary policy and China’s rapid GDP growth have been the two key drivers of global financial flows. Whether emerging economies are able to cope with the … read more
EU leaders are under pressure from a new generation of voters, for whom the original purpose of European integration – preventing war – holds little significance today. If EU leaders do not respond ef… read more
Europe’s great success in 2012 was to avoid becoming another of history's failed monetary unions. But, having escaped the markets' wrath, have Europe's political leaders again chosen to muddle through… read more
With the ECB taking on the characteristics of a lender of last resort, the eurozone's acute crisis is over for now. But the existential challenge – political agreement on the key elements of banking a… read more
