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Thread: Black Monday

  1. #13801
    ShareTrader Legend bull....'s Avatar
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    big event this week is fed meeting

    anyway now that the banking crisis is being contained at the moment moment have any of you noticed whats happening with property reits in the US for future events down the road
    mentioned a while ago to watch this space for stress and the last week odd total carnage in this space esp office.
    rates will stay higher for longer so it is quite predictable a lot of property companies will go bust eventually as there debt roll's of low rates into higher rates
    one step ahead of the herd

  2. #13802
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    Quote Originally Posted by ronaldson View Post
    Credit Suisse to be taken over by UBS. Will this be enough to calm markets?
    Nah, apparently its all crypto's fault anyway and sh!thouse tradfi risk management has nothing to do with it
    Last edited by causecelebre; 20-03-2023 at 11:35 AM.

  3. #13803
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    Quote Originally Posted by bull.... View Post
    big event this week is fed meeting

    anyway now that the banking crisis is being contained at the moment moment have any of you noticed whats happening with property reits in the US for future events down the road
    mentioned a while ago to watch this space for stress and the last week odd total carnage in this space esp office.
    rates will stay higher for longer so it is quite predictable a lot of property companies will go bust eventually as there debt roll's of low rates into higher rates
    Lower for longer, now higher for longer. I have little faith in predictions, are we prepared for negative interest rates still?

  4. #13804
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by mike2020 View Post
    Lower for longer, now higher for longer. I have little faith in predictions, are we prepared for negative interest rates still?
    thats the funny thing most real rates are still negative
    one step ahead of the herd

  5. #13805
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    Given crude oil is now at a 3 year low.. when can we expect sensible petrol prices from our petrol stations.

    Next week '91 better be $2.10.

    Along with banks we have these overseas owned outlets sucking money out of the system.

  6. #13806
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    Quote Originally Posted by Panda-NZ- View Post
    Given crude oil is now at a 3 year low.. when can we expect sensible petrol prices from our petrol stations.

    Next week '91 better be $2.10.

    Along with banks we have these overseas owned outlets sucking money out of the system.
    Don't worry jacinda had a petrol price enquiry so we must be getting a good deal , there was "nothing to see here '

  7. #13807
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    Just buy ALD.NZX. but ssshhhhh dont tell everyone. this is how i get in on the super profits being made

  8. #13808
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    Quote Originally Posted by ronaldson View Post
    Credit Suisse to be taken over by UBS. Will this be enough to calm markets?
    Credit Suisse closed at 1.86 francs on Friday and was taken over at 0.76 francs by UBS and only then with government support and downside protection. Hardly a vote of confidence.

    "UBS said it benefits from 25 billion francs of downside protection from the transaction to support marks, purchase price adjustments and restructuring costs, and additional 50% downside protection on non-core assets." - https://www.marketwatch.com/story/ub...?mod=home-page

    Couldn't have happened to a nicer free loading system.

  9. #13809
    ShareTrader Legend bull....'s Avatar
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    and markets are drowning in a sea of red today esp nz50 as ubs credit default swaps blow out now and heaps people charge into bitcoin just in case the system implodes in a gfc2.
    Last edited by bull....; 20-03-2023 at 04:33 PM.
    one step ahead of the herd

  10. #13810
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    Quote Originally Posted by Panda-NZ- View Post
    Given crude oil is now at a 3 year low.. when can we expect sensible petrol prices from our petrol stations.

    Next week '91 better be $2.10.

    Along with banks we have these overseas owned outlets sucking money out of the system.

    3 year low?

    What kind of calendar system are you using?

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