Black Monday

[JohnnyTheHorse]

NZ inflation is below expectations ..at 5.9 % its below expected 6+ % ...so some help for our market to stop going down .

2 Year treasuries broken out of range to the upside, so nope.

[Panda-NZ-]

NZ 10 year bond rate same as the US.

Europe has extremely cheap debt so they should spend more.

[Panda-NZ-]

Germany and their strange agenda...

No nuclear energy.
No arming ukraine.
No investing in their own future.

Rather bleak.

[bull....]

looks like the asx will go negative by end of day ,
nzx already negative again. expecting a hole in the floor once that 12100 support goes in the not to distant future

[alokdhir]

looks like the asx will go negative by end of day ,
nzx already negative again. expecting a hole in the floor once that 12100 support goes in the not to distant future

If FPH bottoms out at 29 then it single handedly can save 12100 levels ...lets hope so

[bull....]

If FPH bottoms out at 29 then it single handedly can save 12100 levels ...lets hope so

no chance , us futures are now tanking , ominous for tonight at this early stage.

speaking of the asx it broke its sideways top a few days ago
similar the nzx trading sideways since nov so a break or should i say collapse thru 12100 is just the same patterns happening all over the place

[Panda-NZ-]

ASX down a further 2%...

[Bjauck]

NEVER HEARD OF THIS THEORY ON ECONOMICS BEFORE. HAVE YOU??





Sanjay Thakrar, CEO at Euro Exim Bank Ltd, got economists thinking when he said:

“A cyclist is a disaster for a country's economy.

He does not buy a car and does not take a car loan.

Does not buy car insurance.

Does not buy fuel.

Does not send his car for servicing and repairs.

Does not use paid parking.

Does not become obese.

Yes ... and well, damn it! ... healthy people are not needed for an economy.

They do not buy drugs.

They do not go to hospitals and doctors.

They add nothing to a country's GDP.

On the contrary, every new McDonald’s outlet creates at least 30 jobs:

10 cardiologists,

10 dentists,

10 weight-loss experts, apart from people working in McDonald’s outlets.

So, choose wisely: A bicycle or a Mcdonald's?

Walkers are even worse. Those people do not even buy a bicycle!

injuries double for cyclists aged over 65!
https://www.acc.co.nz/newsroom/stori...er-population/

[Panda-NZ-]

Futures down again, asx -2.5%.

[percy]

injuries double for cyclists aged over 65!
https://www.acc.co.nz/newsroom/stori...er-population/

Another theory debunked,..lol