Some forecasts from the giant bond fund

  • Sees Eurozone growth of 1-1.5%
  • Sees UK growth of 0.75% to 1.50%
  • Sees China growth of 6-6.5%
  • Sees Mexico growth of 1.75% to 2.25%
  • Expects to cautiously buy more emerging market risk
  • Sees Fed managing to raise rates 2-3 times in 2017

PIMCO isn't leaning out too much here. This is pretty much the consensus view.