Well the Reserve Bank has conceded defeat trying to suppress the bond yields and so has Canada, they both can see that they'll need to start fighting inflation soon by increasing interest rates, so no sense in adding to their ever growing deficits. New Zealand has already started raising rates, buy not enough to spook their equity markets yet. It will be interesting to see how NCM holds up when the poop finally hits the fan, better than most I think. https://amp.abc.net.au/article/100579858
NCM Price at posting:
$24.89 Sentiment: Buy Disclosure: Held
