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