Black Monday

[BlackPeter]

Problem is, the only lesson anyone is learning is that you "win" by bullying people weaker than you. Not a great lesson in any context but particularly bad in this context if you happen to be a small, weak, isolated trading nation.

I know ... just tried to remind people that it was the West (including Australia) introducing the internationally more and more prevailing bully culture. We always have been happy with the law of the jungle as long as we were been the stronger ones.

Futile to complain about the situation and difficult to change the rules of engagement as soon as we see us on the losing end. However - I think first Australia should clean up their own record and then they could friendly ask for China to play fair as well ...

[Biscuit]

I know ... just tried to remind people that it was the West (including Australia) introducing the internationally more and more prevailing bully culture. We always have been happy with the law of the jungle as long as we were been the stronger ones.

Futile to complain about the situation and difficult to change the rules of engagement as soon as we see us on the losing end. However - I think first Australia should clean up their own record and then they could friendly ask for China to play fair as well ...

Yes, it all goes back to Trump and his band of idiots. Hopefully sanity will start to reassert itself now, if it is not too late.

[bull....]

Australia Passes Law That Can Scrap China Belt and Road Accords

https://www.bloomberg.com/news/artic...d=premium-asia

[bull....]

LONDON — The European Central Bank on Thursday expanded its massive monetary stimulus program by another 500 billion euros

https://www.cnbc.com/2020/12/10/ecb-...ce-weighs.html

more central bank stimulus , US will reach there before xmas is my guess. i see weed is going mainstream in US with celebrities entering the fray now, i read of two now mike tyson and now jay z but i guess when all these type of people are entering you know it is going mainstream normal.

Jay-Z becomes the latest cultural influencer to launch his own cannabis brand

https://www.cnbc.com/2020/12/10/jay-...bis-brand.html

Unfortunately for NZ we will miss the boat again we missed the hemp industry years ago cause they thought hemp was a drug lol

this weeks traditionally quiet to down week for stocks in the US so whats happening is perfectly in tune.

[bull....]

House prices skyrocket to new high, most properties sold since 2007 - REINZ


According to the Real Estate Institute of New Zealand (REINZ), 9885 residential properties were sold last month, up a massive 29.6 percent from November 2019. That's the highest number of properties sold since March 2007 and the most November sales since 2006.
The median national house price jumped to a new high of $749,000, an increase of 18.5 percent from $632,000 a year ago. It's also up $24,000 since October.

https://www.newshub.co.nz/home/money...007-reinz.html

should get double digit increases next year too unless the world collapses or ardern does something radical both probably low risk events

[see weed]

Market not open today? Has it crashed?

[Balance]

So if you think 2020 has been a fantastic year to be in the sharemarket, wait for 2021.

https://finance.yahoo.com/news/tidal...223040323.html

There has been so much $$$ created out of thin air and so much savings still sitting in cash - a result of the fear factor driving many investors to cash up and wait on the sideline this year.

There is in fact more cash sitting in banks than there was during the GFC.

Where will that cash go?

[JSwan]

So if you think 2020 has been a fantastic year to be in the sharemarket, wait for 2021.

https://finance.yahoo.com/news/tidal...223040323.html

There has been so much $$$ created out of thin air and so much savings still sitting in cash - a result of the fear factor driving many investors to cash up and wait on the sideline this year.

There is in fact more cash sitting in banks than there was during the GFC.

Where will that cash go?

Obviously the cash will stay in the bank, duh

[Entrep]

So if you think 2020 has been a fantastic year to be in the sharemarket, wait for 2021.

https://finance.yahoo.com/news/tidal...223040323.html

There has been so much $$$ created out of thin air and so much savings still sitting in cash - a result of the fear factor driving many investors to cash up and wait on the sideline this year.

There is in fact more cash sitting in banks than there was during the GFC.

Where will that cash go?

What a poorly disguised advertorial. Hope you didn't sign up for the event then the course/fund/scam they are pushing.

[Balance]

What a poorly disguised advertorial. Hope you didn't sign up for the event then the course/fund/scam they are pushing.

Says Entrep who panicked this year and as they say, the rest is history.