sharetrader

Thread: Black Monday

  1. #10951
    Advanced Member
    Join Date
    Oct 2012
    Posts
    2,169

    Default

    Quote Originally Posted by Fiordland Moose View Post
    LOL! (seriously you have to laugh)

    At least the boomers are okay
    I am not laughing. Was your father not in that landing craft getting shot up.

  2. #10952
    Advanced Member
    Join Date
    Aug 2021
    Location
    Auckland
    Posts
    1,625

    Default

    Quote Originally Posted by see weed View Post
    I am not laughing. Was your father not in that landing craft getting shot up.


    Fair enough. Sorry, I did not mean to cause offence re WW2 by finding the post humorous. Only trying to take solace and share in humour re the bear market like in March, to make it more passable. Never met my grandad who was shotdown over japan…took photos of bombing damage during the raids.

  3. #10953
    Member
    Join Date
    May 2014
    Posts
    302

    Default

    Quote Originally Posted by winner69 View Post
    Just as well NZ inflation is so hard to calculate we only do it quarterly So well live with 6.9% for a few more months ….cool eh
    If StatsNZ got themselves together they could probably just about update the basket and publish inflation data in real-time based on card transaction data.

  4. #10954
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,747

    Default

    Quote Originally Posted by Joshuatree View Post
    Yes,unfort a greenwashing spin.And yet it's many years before alternative energy gets any where near replacing oil,coal,gas and they are far more expensive with enormous amounts of energy required to make them.Maybe Nuclear power plants are the only hope . A decade of under investment in exploration by the major oil companies has really turbo charged the undersupply of energy for the foreseeable future imo.

    My investment in energy stocks is protecting my( sold down in last few months ) portfolio big time.My small investment in green energy pumped hydro and solar down 50 % atp.
    Anyone in profit with their new green energy investments?

  5. #10955
    Guru
    Join Date
    Feb 2020
    Location
    Nelson
    Posts
    3,725

    Default

    In a place with no safety net unemployment can be particuarly bad.

    Maybe this is partly why US authorities are reluctant to deal with inflation (at the cost of jobs).

  6. #10956
    Guru
    Join Date
    Sep 2009
    Posts
    2,725

    Default

    For those unbelievers

    " We believe that higher energy prices will, over the medium term, accelerate electrification and the march towards renewables by lowering the barriers to entry (by making alternative forms of energy more compelling cost-wise). Since Russia’s invasion of Ukraine, we have also seen huge investment into renewables projects as well as green hydrogen. This strategy provides the Fund with exposure to what we believe will be a dominant theme over the next decade."
    https://www.goodreturns.co.nz/articl...or+12+May+2022

  7. #10957

  8. #10958
    Member
    Join Date
    May 2014
    Posts
    302

    Default

    S&P500 futures down again pre-opening.

    Edit to add: PPI over forcast as well unfortunately. Sticky wicket this inflation business.
    Last edited by Tomtom; 13-05-2022 at 12:41 AM.

  9. #10959
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    8,494

    Default

    Quote Originally Posted by kiora View Post
    For those unbelievers

    " We believe that higher energy prices will, over the medium term, accelerate electrification and the march towards renewables by lowering the barriers to entry (by making alternative forms of energy more compelling cost-wise). Since Russia’s invasion of Ukraine, we have also seen huge investment into renewables projects as well as green hydrogen. This strategy provides the Fund with exposure to what we believe will be a dominant theme over the next decade."
    https://www.goodreturns.co.nz/articl...or+12+May+2022
    Yes for sure Pure EV + Hybrid plug-ins interest from NZ buyers has gone threw the roof .. $3lt+ fuel the kicker for many ..
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  10. #10960
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,075

    Default

    sea of red again on stock markets ... still plenty to go in this bear

    nzd dollar crushed again

    anyway i see people are starting selling there winners now too ie apple tanking this week , other sector safe spots like utilities / staples , energy will all follow soon tooo a degree
    guess it wont be long before the bear engulf the whole market as they do

    wonder when the etf redemtion rush will commence ?
    Last edited by bull....; 13-05-2022 at 07:16 AM.
    one step ahead of the herd

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •