Winters coming
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Winters coming
Maybe the NZX50 won't be 5000 by xmas after all
maybe bobcats prediction of a big decline in world markets is about to happen (80% probability)
not even XRO can hold back the tide now
It wouldn't surprise me if there is no change to the OCR
Wheeler sees no inflation
Whatever he will talk down the NZD
This week 14 years ago the NASDAQ reached its all time high of over 5000
So the 4300 today doesn't look too good, but then again some say its approaching bubble territory again
Just reminds us bubbles bursting have terrible consequences unless one reacts quickly
Not buy and hold territory but trading the long term market cycle seems best
Don't take offence turmeric
If I was to imagine what you looked like a wheeler of some 10-15 years ago would fit the bill
My daughter once aspired to be Governor of the RB. Thankfully she saw better things to do
Precedent suggests they only like to move on MPS dates, but if I heard correctly, Wheeler wants to be at 3.75% by the end of this year, so one might be an OCR date, or perhaps one lift might be 50bps?