Vice Chair of PIMCO says he is confident both the US and China want trade agreement
John Studzinski is Managing Director and Vice Chairman of PIMCO.
Bloomberg reporting some remarks:
- Says he does not see a US recession in the next 12 months
- The US consumer in 'spend, spend, spend' mode
- Confident that the US and China want trade resolution
- Says Hong Kong is more a consumer than markets problem
- very excited about the Chinese bond market