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PIMCO - $ALIZY

Lotfi Karoui: credit is still pricing the entire AI buildout as one trade
7 arguments: Why borrowing costs across the AI financing chain have not separated yet, the four rungs from hyperscaler to neocloud debt, and the bust…
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Anastasia Buyalskaya and Devin Ekeberg: AI does 6 of the 7 jobs advisers are paid for
17 principles: why the committee sizes that work are 3, 5 and 7, what is left of an adviser's job once software takes the rest, and why market memory…
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Anastasia Buyalskaya: an investment committee past 7 dilutes accountability
12 principles: why debiasing people fails and redesigning the meeting works, what gamified trading apps do to the brain, and the one advisor job AI will…
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Libby Cantrill: markets are right to fade Trump's $5,000 dividend
3 takeaways: why there's no fiscal cushion left for either party's promises, how Republicans are turning anti-AI in tight races, and the debt ceiling's…
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PIMCO: CCC borrowers' coupons could double if they refinance at today's index yields
6 takeaways: Why investment grade borrowers face bigger coupon increases than BB peers, what 6x and 3x coverage still says, and why high yield already…
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Richard Clarida: What he would put in Warsh's Jackson Hole speech, why five years above 2% is the Fed's real problem, and why he is not in…
AlphaSimplex's Katie Kaminski on sugar, wheat and a possible gold breakout, TS Lombard's Freya Beamish on a 10-year that hasn't priced the new regime…
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