Pimco’s Crescenzi Says US Economy Can Handle a ‘Strong Storm’

Anthony Crescenzi, market strategist and portfolio manager at Pacific Investment Management Co. (Pimco), says the US economy will “fare better than many expect” in a possible recession. “We shouldn’t obsess over whether there’s a recession, we should be thinking about as investors what the depth of it might be,” he says on “Bloomberg Surveillance.”

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