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12-08-2018, 08:40 AM
#4441
Member
I agree that the quoted inflation rate is laughable. However my electricity rate with Trustpower has gone up by 35% since 2010. That's not my bill, but the rate they charge. As for petrol I have no record of the price at the pump last time the price per barrel was at present rates, but it sure as hell wasn't $2.35 per litre. Bring on the cheap EVs and solar roof.
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12-08-2018, 09:16 AM
#4442
Annual June 2018 ”Tradables” component of CPI is +O.1% while “non-Tradables” was +2.5%
(Geek note:Tradables are goods and services that are imported or are in competition with foreign goods and services, either in domestic or foreign markets. Non-tradables are goods and services that do not face foreign competition)
I reckon that tradables bit is going to increase quite a lot in the next few months and the non-tradables won’t get less .......net impact is?
Last edited by winner69; 12-08-2018 at 10:00 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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12-08-2018, 11:39 AM
#4443
Originally Posted by Jerry
I agree that the quoted inflation rate is laughable. However my electricity rate with Trustpower has gone up by 35% since 2010. That's not my bill, but the rate they charge. As for petrol I have no record of the price at the pump last time the price per barrel was at present rates, but it sure as hell wasn't $2.35 per litre. Bring on the cheap EVs and solar roof.
I installed gas hot water and heating in 2007 so while my personal bill is lower through substitution, I take your point that overall inflation is higher. Unfortunately there is no way I can substitute out of my local authority rates. I'm seriously considering moving. I'll be challenging my property value next year which might give me some respite.
Last edited by Bobdn; 12-08-2018 at 11:43 AM.
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12-08-2018, 12:00 PM
#4444
Good ol Jared
Jared Dillian (@dailydirtnap)
12/08/18, 10:27 AM
At 26, I thought my professor was wrong to dismiss technical analysis.
At 30, I was learning the basics of technical analysis.
At 34, I was dependent on technical analysis.
At 39, I found I could do without technical analysis.
At 44, I'm pretty sure my professor was right.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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14-08-2018, 04:20 AM
#4445
2826 - 2842
oil breaking down 64 next stop ?
one step ahead of the herd
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14-08-2018, 05:03 AM
#4446
lira tanking again , the range gone on the s&p too down we go
one step ahead of the herd
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14-08-2018, 05:08 AM
#4447
the turks are selling at 7 lol
one step ahead of the herd
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14-08-2018, 01:47 PM
#4448
The Turkish problem has the potential to start a domino effect. Quite a few European Banks are exposed.
Turkish-debt.png
They are not alone in the, tottering on the edge, state.
Last edited by arc; 14-08-2018 at 01:50 PM.
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14-08-2018, 02:00 PM
#4449
Absolutely ... I guess Germany can probably compensate for another $16 b ... (hopefully its not Deutsche Bank), but particularly with Spain I am not so sure.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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14-08-2018, 02:14 PM
#4450
turkey problems stem from debt binge over the years was always going to happen , trump just decided to put his foot on edorans head to get what he wants and the pressure piles on. cant see it as a big deal myself blow over when turkey economy crashes or turkey gives up to trump.
one step ahead of the herd
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