Time to have a guess on what happens next year
my guesses
US stocks fall another 20% at some stage next year
NZ has a recession
NZ stocks have another down year
Labour lose the election
property market continues to fall
Printable View
Time to have a guess on what happens next year
my guesses
US stocks fall another 20% at some stage next year
NZ has a recession
NZ stocks have another down year
Labour lose the election
property market continues to fall
NZ has recession ...technical and shallow ..imo
NZ stocks will have a small positive year after 2 down years ...imo
Labour will loose ...agree
Property market small down for the year maybe 5%
Dont have view on US markets ...20% down means it will make new lows ...50-50 ...maybe will say No to that ...
I predict
1. Bulls glass will remain half empty not half full
2. That Bull and sailor rob will continue their biggest swinging dick contest
3. That young bull will call out the old Bull more often
4. inflation stays higher for longer
5. shares remain volatile with quite large up and downs but little growth at year end
6. Fixed interest and old school resources like oil and gas provide best returns
7. labour loose in a landslide..jacinda does not stand for pm
8. Property market declines about another 10%
merry Xmas Bull…enjoy your perspective.
1) My prediction (well, hope) is that commodities will rip;
2) ESG funds will welcome big oil back into the fold because reasons and they did a thing that made it ok or something;
3) the fuel tax cuts are here to stay despite there being a "Climate Emergency";
4) the terms "ESG" and "Climate Emergency" will fade away during the year.
Residential property almightily buggered.....well over due...SM will recover from about mid 23.
Compliments of the season.
Qwerky will be in soon with those exact trends fully adjusted, I suggest we wait and not upset
the hostess and bar service in meantime :)
Oh and a prediction:
The Aussie/Kiwi wealth gap widens to a large gulf as one side shines whilst the other
shivers in the shade :)
1. Inflation remains stubbornly high causing
2. Int rate kept high, causing
3. Banks to be fearful of ppty price declines. Therefore banks restrict lending further
4. Propty prices decline further
5. Economic slowdwn bites Q1, shares prices affected
6. Limited rebound in Q4 and Q1 after election is over
FED stops raising and reverses course by Q2 2023. NZ will be forced to do the same to keep NZD competitive, but RBNZ will use other levers to keep Kiwis getting over their skis, so after an optimistic summer bounce, property will remain flat. Equities up and down but generally sideways. Some companies will do well regardless of economy and fx.
Disc.: CNU, GEN, MCY, EBO, IFT
A2 milk will rise from the dead.Prediction-$10 by the year end with strong sales in China - even an acquisition possibility there( from their pile of cash).Gaining market share( RIP abbots China).
A meagre bottom line growth in the US
Entry to Vietnam.
I am optimistic