RBA's restricitve settings are adding to the current economic malaise

RBA's restricitve settings are adding to the current economic malaise. Don Williams from Platypus Asset Management points to the current inverted yield curve as a hint on how many times interest rates will move. As the chart below shows, the yield curve has flattened and is now inverted in the near-term, indicating that the current RBA setting is becoming more and more restrictive, thereby contributing to the current economic malaise. Keeping a close eye on the shape of the yield curve will tell you how many times the RBA will cut rates next year, which will be a precursor to better earnings and a key driver of the stock market. Full article via The SMH is available here: (VIEW LINK) @platypus