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

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