sp500 still within range of holding support at 2800 , see what happens tonight
Printable View
sp500 still within range of holding support at 2800 , see what happens tonight
here you go trying- to avoid parity and save the export sector ...
https://www.stuff.co.nz/business/111...erest-rate-cut
Draghi says the ECB stands ready to act and could delay a rate hike again
https://www.cnbc.com/2019/03/27/ecb-...io-draghi.html
sp500 still holding
good end to the week above 2800
https://www.cnbc.com/2019/03/29/whit...es-report.html
calling for int rate cuts , world pivot for sure towards low rates for longer. good for equities as long as us growth is reasonable.
even us sectors last mth are seeing people chasing utilities , staples , real estate stocks with dependable divs.
https://www.bloomberg.com/news/artic...d=premium-asia
china says good progress made by us and china in trade talks
nice start to the new mth in the us , test of highs soon? april traditionally is a very good mth for equities
yr after mid terms is historically 100% always been a ripper yr
Since 1946, there have been 18 midterm elections.
US Stocks Have Climbed Higher in the Next 12 months After Every Single One
https://www.forbes.com/sites/stephen.../#15b509eb3c20
IMF Cuts Global Growth Outlook to Lowest Pace Since Crisis
https://www.bloomberg.com/news/artic...d=premium-asia
us markets consolidating
be a black day in nz for sure when depositers lose all there money
New Zealand is the only OECD country without some form of deposit protection. it means forcing all the mums, dads and their kids with bank deposits to take a financial ‘haircut’ to help shore up a failing bank.
http://www.scoop.co.nz/stories/BU190...roposition.htm
yep bank deposits sure are not a safe investment