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Thread: Black Monday

  1. #8201
    Legend Balance's Avatar
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    Quote Originally Posted by Bjauck View Post
    Why go on a tourist trip to Rotorua when your family has symptoms of a virus - any virus?

    They need to hammer the message home that if you have symptoms, stay at home. Certainly do not go on tiki tours around the place!
    The government was busy trumpeting the fact that NZ (due to Cindy’s outstanding leadership) had defeated the virus and NZ had no communal transmission remember?

    It’s the winter cold and flu season so it’s understandable why they would have thought it’s but the usual winter ailments.

  2. #8202
    Speedy Az winner69's Avatar
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    Orr loving being the big hero ...jeez $100 billion QE

    Done nothing to stimulate economy so far

    Probably wetting his pants with the excitment
    Last edited by winner69; 12-08-2020 at 02:52 PM.

  3. #8203
    ShareTrader Legend bull....'s Avatar
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    QE announcement driving down bond yields in NZ

    If covid spreads probably get some more mortgage holidays and auckland relief

    Covid 19 coronavirus: Government contemplates targeted wage subsidy for Auckland if lockdown extends


    https://www.nzherald.co.nz/business/...ectid=12355987

    I see sam morgan saying NZ will go into full lockdown again soon in his opinion

    Coronavirus: Nationwide lockdown 'almost certain', CovidCard decision needed now, Trade Me founder says

    https://www.stuff.co.nz/business/122...e-founder-says


    NZ market probably sell - off more if that happens unless ORR QE filters into market. biggest risk stocks retailers , tourism , retirement stocks esp eg victoria

    best stocks still a2 , fph and utilities esp with orr driving bond yields down more. watch tech stocks as nasdaq rotation might be underway . temp
    ?


    i see just now another unrelated case so looks like community spread is undderway

    Covid-19 coronavirus: Otahuhu Health Centre patient tests positive


    https://www.nzherald.co.nz/nz/news/a...ectid=12356088

    just released as we mentioned short time ago lol must be a mind reader

    Reserve Bank says agreement reached on further mortgage repayment deferrals, with details expected next week

    https://www.stuff.co.nz/business/122...cted-next-week
    Last edited by bull....; 12-08-2020 at 05:36 PM.
    one step ahead of the herd

  4. #8204
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    Quote Originally Posted by Balance View Post
    The government was busy trumpeting the fact that NZ (due to Cindy’s outstanding leadership) had defeated the virus and NZ had no communal transmission remember?

    It’s the winter cold and flu season so it’s understandable why they would have thought it’s but the usual winter ailments.
    Unfortunately they'll be vilified. Reading the comments online people are actively trying to track them down. Just what we need, an unrulily mob!

  5. #8205
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    Quote Originally Posted by Zaphod View Post
    Unfortunately they'll be vilified. Reading the comments online people are actively trying to track them down. Just what we need, an unrulily mob!
    People are rightly outraged but they should be shifting their anger towards the incompetence of MOH & the government who allowed the communal transmission to happen.

    So simple to test all frontline workers but nope, they are only doing it today - after the horse has bolted.

    Quarantine debacle all over again.
    Last edited by Balance; 12-08-2020 at 08:37 PM.

  6. #8206
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    Was there an issue with NZX site late afternoon 12 August ? - many page, company & announcements links were coming up not working for around 1/2 hr to an hour

  7. #8207
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    Quote Originally Posted by winner69 View Post
    Orr loving being the big hero ...jeez $100 billion QE

    Done nothing to stimulate economy so far

    Probably wetting his pants with the excitment
    yeh he totally always wants to push things and make his stamp.
    most banks were predicting 60m , just the same , one bank suggested he may ramp to 80 but to go full out to 100. I see a paywalled article in the herald questioning the value in his greatly expanded budget to run the place too. https://www.nzherald.co.nz/business/...=CE-TA-DND-BUS
    Last edited by peat; 13-08-2020 at 01:31 AM.
    For clarity, nothing I say is advice....

  8. #8208
    ShareTrader Legend bull....'s Avatar
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    Quote Originally Posted by peat View Post
    yeh he totally always wants to push things and make his stamp.
    most banks were predicting 60m , just the same , one bank suggested he may ramp to 80 but to go full out to 100. I see a paywalled article in the herald questioning the value in his greatly expanded budget to run the place too. https://www.nzherald.co.nz/business/...=CE-TA-DND-BUS
    they were talking about orr heaps on bloomberg how he loves to jawbone the nzd down in his press coverages and how hes getting a bit of a reputation for leading actions in central bank moves.

    its raining gold some say of the QE when it comes to the stockmarket
    one step ahead of the herd

  9. #8209
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    Quote Originally Posted by bull.... View Post
    they were talking about orr heaps on bloomberg how he loves to jawbone the nzd down in his press coverages and how hes getting a bit of a reputation for leading actions in central bank moves.

    its raining gold some say of the QE when it comes to the stockmarket
    It is termed ‘measures ahead of the curve’ rather than Don Brash’s infamous ‘behind the curve’.

  10. #8210
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    Quote Originally Posted by bull.... View Post
    i see just now another unrelated case so looks like community spread is undderway

    Covid-19 coronavirus: Otahuhu Health Centre patient tests positive


    https://www.nzherald.co.nz/nz/news/a...ectid=12356088

    just released as we mentioned short time ago lol must be a mind reader
    Amazing - you are so full of your desire to spit out negativity, that you don't even bother to read the news you are spreading ...

    From your link:

    Both the Auckland District Health Board and Ministry of Health believe the person to be one of the four confirmed cases from last night.
    Clearly not "another unrelated case".

    Perhaps you should try to do less mind reading and instead read the articles you use as evidence before you cite them?
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

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