PIMCO’s Robert Mead, managing director in the Sydney office and head of portfolio management in Australia:
- Australian dollar ‘just starting to show some cracks’
(I hope he doesn’t mean like a plumber … I’ll spare you a pic)
- Sees stable outlook for RBA for ‘extended period’
- Sees Australia joblessness stay near current level
- Australia’s rebalancing from mining ‘lackluster’
- Sees Australia sub-trend growth for couple of years
Headlines on Bloomberg
