A $1.8 trillion investing behemoth explains why the next recession will be an entirely different bea

Pacific Investment Management Company (Pimco) just published a secular outlook spanning the next three to five years. The firm argues the next recession will be different than the last, and makes recommendations around what investors can do to prepare for the inevitable meltdown. Enjoy the strong economy and its accompanying asset returns while you can, because a recession is coming. And when it does, it's going to be an entirely different animal. That was the message delivered by...