Black Monday

[Waltzing]

Its a resupply convey according to some ex US Military generals . They ran out of vodka... looks like the US would whip their saddles..

UE has now stopped their dinner party drinks fights and are now working together. Nothing like a war to unite the EU.

[alokdhir]

Markets seem to have found their footing ...they are not tanking as many expected ...worst event and worst aftermath already known and into the price...Hopefully it can only become better from markets perspective .

Will NZX recent low of 11700 or so hold ...seems so that will be low of the year . Hope so no unpleasant surprises from Mr Putin and his mates

[Waltzing]

yes duck shooting season coming soon.

Not a fan of actually shooting them but do they make for pie?

https://www.foodtolove.co.nz/recipes...room-pie-12965

[Davexl]

Its a resupply convey according to some ex US Military generals . They ran out of vodka... looks like the US would whip their saddles..

UE has now stopped their dinner party drinks fights and are now working together. Nothing like a war to unite the EU.

Damn, pity they don't have a few American A10 tank busters to take out that big convoy - have to make do with a few Javelins instead!

[alokdhir]

https://www.newshub.co.nz/home/world...ld-invade.html

This can totally destroy the markets .... Hopefully just rumours

[bull....]

who's enjoying the volatility lol
wow oil up $10 overnight , $3 petrol baked in now and the boat going back into storage the snapper will be happy about that.
anyway looks like the little bear rally has finished and its back to trend now

if you wondering why bitcoin etc is going up its because of the flight of russians buying it

[alokdhir]

With Oil on the boil ....almost up 15 % in 2 days ....Its going to put breaks on growth big time ....All Central banks will have to revisit their rates strategy big time ...all those big 50-100 basis points rises being rumoured should be out of question .

DCF valuations will be re visited by analysts .

This war is going to last longer then many thought and its going to cause major disruptions to mainly Europe , its energy sector and banks

NZ may look attractive safe heaven to many with very limited exposure to bad effects but for big oil rise ...which can be countered by going soft on rates ...Imported Inflation will be hard to manage ...

[Rawz]

Oil goes up = more inflation thou. More pressure to raise rates.

Whats it called when you got inflation and falling economic activity? oh dear

[alokdhir]

Oil goes up = more inflation thou. More pressure to raise rates.

Whats it called when you got inflation and falling economic activity? oh dear

Oil over $ 100 per barrel has been equated as 50 basis point OCR hike due to its slowing economy effect . Its demand is almost inelastic thus it reduces discretionary spending by absorbing more cash from wallets ...same as OCR hiking do ...But it does form part of CPI ...

[nztx]

Oil goes up = more inflation thou. More pressure to raise rates.

Whats it called when you got inflation and falling economic activity? oh dear

It's called 'time to look at the Oilers who may benefit big time over yonder'

Nothing like a large dallop of insurance & covering of things..