Black Monday

[bull....]

Consumer confidence sinks to lowest level ANZ survey has recorded

https://www.stuff.co.nz/business/127...y-has-recorded

not surprising

house prices not rising anymore the big one as NZ economy so reliant on the wealth effect from housing.
add in high inflation now making everyone poorer and i mean pretty much everyone as wages , dividends etc etc dont rise enough to make up for rising prices in services and goods.

im expecting companies to be doing downgrades late this yr or next yr due to inflation and less consumer spending.
commodity companies should do alright this yr

[bull....]

if the nuclear power plant blows up it be massive like bomb with radiation all over europe.
i would think europe will attack russia then.
interesting night ahead

chernobyl caused a near 20% digit drop in europe markets when it blew up

[ba9]

if the nuclear power plant blows up it be massive like bomb with radiation all over europe.
i would think europe will attack russia then.
interesting night ahead

chernobyl caused a near 20% digit drop in europe markets when it blew up

I think we would have bigger issues if the nuclear plant did blow up. It would for sure be WW III

[Panda-NZ-]

The Russian military has shown it's incompetence on multiple fronts.

It should simply stop before the whole world knows about their lack of skill and capability.

[bull....]

see russia saying they might restrict fertilizer exports means food shortages in some parts of the world ... more conflict etc and higher food prices for all

Russia Jolts Global Fertilizer Market by Seeking End to Exports


https://www.bloomberg.com/news/artic...o-halt-exports

[Balance]

If stocks fall due to the threat of nuclear war, BUY THE DIPS.

If nuclear war doesn't happen, you will make some serious money.

If nuclear war happens, you won't need the money anyway.

Stay safe & stay sane - you cannot influence the outcome but you can control your emotions & stay calm.

[BlackPeter]

The Russian military has shown it's incompetence on multiple fronts.

It should simply stop before the whole world knows about their lack of skill and capability.

Too late.

Unfortunately - even a dumb Russian nuke kills clever people.

[BlackPeter]

see russia saying they might restrict fertilizer exports means food shortages in some parts of the world ... more conflict etc and higher food prices for all

Russia Jolts Global Fertilizer Market by Seeking End to Exports


https://www.bloomberg.com/news/artic...o-halt-exports

Russian stops exporting fertilizer? Well, to be fair - the Russian dictator tries to compensate ... so much manure coming out of his mouth.

[Balance]

Russian stops exporting fertilizer? Well, to be fair - the Russian dictator tries to compensate ... so much manure coming out of his mouth.

Much like NZ with our Cindy but life's good as long as you buy the spin, right?

[Beagle]

European markets down 7% this week. Dow down for the fourth straight week.
This morning on CNBC they were talking about gas prices for parts of Europe that would cripple many consumers and business's. Prices that if converted into the price of petrol, (which is something we can more easily understand), are the same as US $30 a gallon. That's $US 8 a liter = $N.Z 11.76 a liter. By the time the Govt added GST and all the other taxes on here imagine paying $15 a liter for petrol !