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MFEM - The Global Economy Transitions From Recovery To Expansion
PIMCO Equitiy Series RAFI Dynamic Multi-Factor Emerging Markets Equity
The global economy has reached an important milestone in the second quarter of 2021, surpassing the pre-pandemic real GDP peak attained in the fourth quarter of 2019.
As vaccination rates increase and pandemic-related restrictions are lifted, consumer spending is surging.
Global supply chains are severely disrupted, and rebalancing will take time.