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Jun 12

RimSec June Research Report

The RimSec Monthly Research report came out today and can be downloaded here.

Whilst the view hasn’t changed too much…i.e. inflation is low, interest rates across the curve to stay low, thanks to the weakening Australian economy…there’s also a little piece on Japan and their massive fiscal and monetary expansion…if it works it could be a great thing for Australia but the markets are definitely showing some uncertainty about it and fair enough too…let’s face it, if you set a high inflation target its gong to be very difficult to keep bond yields low and high bond yields are dangerous for the most indebted developed economy in the world.

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