“It's a great business to be in, central banking, where you print money and people believe it.”
- Adrian Orr
New Zealand Central Bank
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“It's a great business to be in, central banking, where you print money and people believe it.”
- Adrian Orr
New Zealand Central Bank
All ok on inflation front in NZ ….reported that the Reserve Bank (RBNZ) will be heartened by new survey results that show business leaders and professional forecasters continue to see inflation tracking down
Business leaders and professional forecasters always get it right
Bit of over exuberance getting smashed by REAL data ...6 rate cuts expectations was way over the top ...they should be happy to get even 3 ...base case of most
But USA markets believe in everything BIG ...big up then big down ...so keeps traders happy ...Bull loves it ....he plays both sides of the record ...actually both sides can be enjoyable and have different feel :p
Interesting. Remember Cisco?
BEWARE: The Coming, Huge AI Stock Crash.
https://www.youtube.com/watch?v=WzgXb6c7QIk&t=1153s