Bonds were hammered after corona and cash has made a return below inflation since 2008.
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I like this Hedgeye cartoon
Uncle Sam Eagle (Fed) lays an egg with potential to blow up Bears and Sheltering Bulls
https://mcusercontent.com/178a9f99c9...d7d11ac537.png
Rotorua, what a mess , homeless, gangs, drugs, motels earning $1,000,000 plus , social wellfare B S.!!
Honesty needs fixing BIG TIME !!!
You see here's the classic problem, I would love National to be able to fix the problems we are facing post Covid pandemic, but they're beyond hopeless, all the competent MP's have left plus several in disgrace, leaving a motly bunch who somehow got through the selection process.
Watch the interview, this train wreck interview in 2020 with National's Housing spokesperson at that time Jaquie Dean (currently Conservation)
Even just yesterday Luxon said it was rubbish National had sold off too many state houses, categorically contradicting his Deputy Nicola Willis who's said National did sell off too many State Houses when in govt.
Watch the interview, its eye opening.
(The current National spokesperson on Housing is Chris Bishop, the pre politics - ex lobbyist for Big Tobacco who actively denied there was a link between smoking & cancer, pushed back against all Labours policies to reduce smoking, all while 5000 people year were still dying ghastly deaths from smoking & others lose their sight, amputations of limbs, & carcinomas of the mouth & tongue. )
https://www.newshub.co.nz/home/polit...-in-power.html
Sorry Balance, I realised straight after posting, that interview with National's Housing Spokesperson Jaquie Dean was in 2020 & edited to show that.
However, that difference doesn't make any material impact on the point I was making, lack of talent in National caucus now.
How on earth could Judith Collins appoint her to be Housing Spokesperson, let alone get through the selection process & become a National MP?
If National win, she could be a Minister!
You have Paul Goldsmith ready to tackle crime issues and Gerry Brownlee to get to work on improving our relationships ..