Pimco warns asset markets 'fully priced,' vulnerable to negative surprises

NEW YORK (Reuters) - Pacific Investment Management Co, which oversees more than $1.5 trillion in assets, slightly upgraded its forecast for world gross domestic product, from around 2.5 percent this year to between 2.5 percent and 3 percent in 2017, but cautioned that many asset classes appeared overvalued.

Pimco warns asset markets 'fully priced,' vulnerable to negative surprises
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