https://www.youtube.com/watch?v=lmdXJL38H0k
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Yen has fallen to decade’s low.
https://www.youtube.com/watch?v=RVSsPXlql18
The NZ PMI weakened further in April……things looking not that good for NZ economy over rest of year
NZX50 has been flattish over the last 5 years, including dividends. Another 5 years and we'll be able to refer to this as the Lost Decade.
I'd be totally down, as the Kidz say, for another few years of vomit inducing underperformance if we get to refer to the "Lost Decade" in coming years. Would be totally worth it.
"Does everyone remember the Lost Decade, so glad we're in sunny uplands now" or whatever. That's an example of a possible future Black Monday post. A bit stilted but it'll be better when Im doing it for real, in the future. Assuming I'm still alive, god willing.
Same in other countries too. In every situation there will be opportunity for intelligent investors and professional traders to buy and sell stocks. Right now, there are few crises. They are cost of living crisis, High cost of doing business and geopolitical crisis. I go with micro economy instead of macro economy.