July/August 2010 Morningstar Brief Market Commentaries
Rabobank's market commentary, brought to you in conjunction with Morningstar, provides an overview of current cash, bond, property and equity market performance as well as some future predictions.
Outlook for Investment Markets
The ongoing - if bumpy - recovery in the world economy should prove supportive for global sharemarkets. At home, there are symptoms of a pause in recovery, but New Zealand company profits should benefit from resumed growth over the next year. Interest rates globally remain low, although New Zealand has moved in this area and Australia may soon do so. A key issue will be how governments manage the transition from ultra-supportive fiscal and monetary policies back to more normal settings.
Read the full article here.
Morningstar
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