-
16-08-2019, 01:35 PM
#5701
Crash crash, do it now and get it over and done with, so I can spend some money on a few bargains, why drag it on crash now.
Last edited by bottomfeeder; 16-08-2019 at 01:36 PM.
Reason: Spelling
-
16-08-2019, 02:03 PM
#5702
Originally Posted by winner69
BNZ economist Craig Ebert said the contraction was worth keeping tabs on but didn't mean that the economy was definitely going to stagnate.
"July’s result is no dead-set that the economy at large is contracting, even growing poorly. The PMI was down in this area in 2011 and 2012, only for annual GDP growth to trundle along near 2 percent. And GDP growth was closer to 3 percent when the PMI slumped to 44.3, way back in 2005," he said.
Its not N.Z. specific things that are especially concerning. Trade War or this is a concern https://www.cnbc.com/2019/08/12/cram...aboolainternal Apparently the widespread saying of the young protestors regarding their concerns they want resolved, is best translated from Cantonese as "We want all or nothing".
Realistically there's only one way that really ends... but down here we'll be immune to all this and a possible trade war so we're all good...or so those only wanting to enjoy positive-ness would have us believe...
https://www.cnbc.com/2019/08/13/hong...aboolainternal
Last edited by Beagle; 16-08-2019 at 02:14 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
16-08-2019, 02:16 PM
#5703
Originally Posted by Beagle
Its not N.Z. specific things that are especially concerning. Trade War or this is a concern https://www.cnbc.com/2019/08/12/cram...aboolainternal Apparently the widespread saying of the young protestors regarding their concerns they want resolved, is best translated from Cantonese as "We want all or nothing".
Realistically there's only one way that really ends... but down here we'll be immune to all this and a possible trade war so we're all good...or so those only wanting to enjoy positive-ness would have us believe...
https://www.cnbc.com/2019/08/13/hong...aboolainternal
Our government very quiet on these affairs ...silence is deafening
No leadership here if we the populous / business are looking for some comfort.
”When investors are euphoric, they are incapable of recognising euphoria itself “
-
16-08-2019, 02:21 PM
#5704
Originally Posted by winner69
Our government very quiet on these affairs ...silence is deafening
No leadership here if we the populous / business are looking for some comfort.
Quite right. But never fear, Beagle is here to give some good news...the world is such a mess we need some !
https://www.msn.com/en-nz/news/world...cid=spartandhp
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
16-08-2019, 02:36 PM
#5705
Beagle me old mate - talk of homeowners getting into strife as recession hits
https://www.stuff.co.nz/business/115...mortgage-rates
Last edited by winner69; 16-08-2019 at 02:39 PM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
-
16-08-2019, 03:10 PM
#5706
Just to add to the misery, Don't forget about $300,000,000 will be dragged out of the Auckland economy at the end of the month to pay some of their rates.
-
17-08-2019, 12:26 PM
#5707
Originally Posted by winner69
Our government very quiet on these affairs ...silence is deafening
No leadership here if we the populous / business are looking for some comfort.
Our government just rebuked the Chinese government for involving itself in freedom of protest in NZ - i.e. the domestic affairs of our country.
Do you think they should turn around and involve ourselves in the domestic affairs of theirs? Please! Angering our biggest trading partner and having zero effect on something that is basically inevitable (the full take over of Hong Kong by China), would be rather silly. Not only would it sour the relationship, it would accomplish nothing except making us look like hypocritical imperialists.
Still - none of this is good for economic prosperity. Just the issues at the airport are causing major disruption to business. The Hong Kong protesters should actually watch out for a backfire - Guangzhou/Shenzhen airport are pretty close, they are probably opening their doors to the re-directed flights. Airline companies hate disruption and given the protests may be ongoing, they may opt to drop routes from HK, instead using Shenzhen and Guangzhou to ensure stability. None of that would be good for the economy of Hong Kong...
Last edited by blobbles; 17-08-2019 at 12:29 PM.
-
22-08-2019, 08:59 AM
#5708
main us indices still consolidating in ranges at the moment 26400 - 25400 on dow and 2940 - 60 - 2825 on sp500 likely breaks either way will lead to new direction
one step ahead of the herd
-
23-08-2019, 07:33 AM
#5709
Originally Posted by bull....
main us indices still consolidating in ranges at the moment 26400 - 25400 on dow and 2940 - 60 - 2825 on sp500 likely breaks either way will lead to new direction
pretty big re action of our lines in the sand re inforcing them as levels needed to be breached to go for all time highs again. the take from the action i guess is we have re covered some what means the bears not totally in control yet. next move after jackson hole
one step ahead of the herd
-
24-08-2019, 07:26 AM
#5710
one tweet and we are back to the bottom of the range
Trump Says He’s Poised to Escalate China Trade War Within Hours
https://www.bloomberg.com/news/artic...d=premium-asia
Dow drops 550 points after Trump orders US manufacturers to move from China
https://www.cnbc.com/2019/08/23/us-s...me-powell.html
looks like a bad monday coming if trump retaliates on the weekend
one step ahead of the herd
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks