Global Economy in 'Window of Weakness' Says Pimco

PIMCO discusses the global economy's vulnerability to adverse shocks, highlighting a low growth window. The US is slowing down, with growth expected to drop to 1% next year. Europe is particularly at risk due to its openness to global trade. The US-China trade conflict and other disruptions could further impact economies. PIMCO suggests cautious investment strategies, focusing on capital preservation and underweighting equities and corporate credit, while maintaining some duration in portfolios.

What are the main risks that could disrupt the economy as discussed in the text?

Why is Europe considered particularly vulnerable in the current economic climate?

What investment strategies does PIMCO suggest in response to the current economic outlook?