Richard Hirayama, portfolio manager for Wentworth Hauser’s International Equity portfolio, shares his thoughts on the events during the second quarter of 2012 and what he expects for the coming months. "In conclusion, central banks of the United States, Eurozone, United Kingdom, Japan and China are faced with two ugly options: 1) not to continue with aggressive conventional and unconventional monetary easing policies, and risk potentially higher short to intermediate-term unemployment rates which might lead to social dissatisfaction/instability and national leadership/regime changes or 2) continue with aggressive conventional and unconventional monetary easing policies, and risk potentially higher long-term inflation rates."
