Come bull..leave these good people alone...
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Come bull..leave these good people alone...
Glasson just launch their AW20 collection.
Attachment 11064
no they only cover 40 NZ shares
https://imgur.com/8JCBOJf
From www.interest.co.nz today. Good news for HLG:
LOCAL ONLINE WINNING
January was a soft month for New Zealand’s online retail spending, with total spending down -1% on January last year, according to the BNZ/Marketview monitoring. The decline is driven by a large year-on-year drop in spending at offshore sites, which was down -12% on last January. Local online sales were up +7% on that basis. Online retail now accounts for 8% of all retail sales.
Absolutely. I recon the discussion is just about whether next week (or the week / month / couple of months after that) might offer still better bargains than today ...
It won't be a closing down sale of the stock exchanges ... but for a time supply of stocks will be larger than demand for stocks. That's all.
The central thesis of my current investment approach is that the market as a whole is highly likely to be materially lower than current level's in 2-3 months time.
How serious is the virus risk ? US 10 year Govt stock rate has collapsed to record ever lows. S&P 500, Nasdaq and DOW all moved from record ever level's to correction territory, (down 10% or more) at the greatest speed ever recorded, less than 10 trading sessions.
Very highly experienced doctor's on TV3 breakfast programme this morning admitting they have got it badly wrong saying the virus was not a material risk and now saying it could infect up to 1,000,000 people in N.Z.
Will people bother shopping for clothes in this sort of environment ? I don't think so. Its not just supply chain risks with HLG, its demand risk too. Take care folks.
Disc: No position.