Morning Note | September 6, 2023 | PIMCO Shareholder Reports Shows Their Weaknesses
Summary
Markets set to open lower after Dow Jones falls close to 200 points and oil prices top $86/bl.
Concerns over rising interest rates and potential Fed rate hikes.
Corporate mentions of 'recession' have fallen 75%, Apple trading lower after Chinese government workers told not to use iPhones.
FLC and FPF still look compelling but lots of funds look expe…
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