Black Monday

[Muse]

No worries in NZ ….Adrian told his buddies at Jackson Hole NZ sorted and under control.

If he could ‘print people’ we’d be on fire

Aye all is hunky dory. Adrian probably should have gone after powell. I noticed 10 yr treasury yields started on their journey back up to close to 4% - up over 50bps in the last few weeks.

[winner69]

Aye all is hunky dory. Adrian probably should have gone after powell. I noticed 10 yr treasury yields started on their journey back up to close to 4% - up over 50bps in the last few weeks.

And listed property didn’t do too well last week in nz

[alokdhir]

No worries in NZ ….Adrian told his buddies at Jackson Hole NZ sorted and under control.

If he could ‘print people’ we’d be on fire

He is right and so are u ...NZX is going to outperform USA markets from now onwards ...We sure will try to follow them initially but eventually difference will start showing ....

NZ economy under much better control of RBNZ then USA ....Only problem will be NZD as different rates outlook of USA and NZ will surely tank NZD

https://www.bloomberg.com/news/artic...ay-be-near-end

[workingdad]

The FED has made it clear, they will keep hiking to get on top of inflation. RBNZ will do the same. There is pain yet to be felt with the usual lag. Interesting times ahead

[Bobdn]

Its a nasty business. Governments' (which all central banks are of course apart of) have caused a firestorm of inflation and now have to potentially crash the economy to achieve price stability.

But Governments don't like crashing the economy as a general rule.

Everyone is on one side of the boat just now.

[bull....]

If the Oil skyrockets again then I wouldnt be surprised if Iran gets to sell their oil on the international market... Saudis can say no to higher production output, but it will just end up hurting them in the long run

iran probably smuggling oil out already ..... maybe by camel ? anyway i see oil big jump last night.

[JBmurc]

big jackson hole powell speech tomorrow morning will set the scene for next week. orr was interviewed on bloomberg earlier this morning on NZ trajectory.

NZ trajectory down down down >>>>northern hemi winter is going jack up international oil prices towards $150bbl .. NZD/USD will break well into the 50c 's ... all western economies run on cheap energy ... we will continue to import inflation... and see RBNZ kick kiwis with ever increasing lending rates ...


OPEC PRESIDENT IS OPEN TO CUTTING OIL PRODUCTION

CONSENSUS IS GROWING FOR AN IDEA FIRST PROPOSED BY SAUDI ARABIA

Commodity producers in charge..... net buyers wanting lower inflation not so good >>>

[bull....]

NZ trajectory down down down >>>>northern hemi winter is going jack up international oil prices towards $150bbl .. NZD/USD will break well into the 50c 's ... all western economies run on cheap energy ... we will continue to import inflation... and see RBNZ kick kiwis with ever increasing lending rates ...


OPEC PRESIDENT IS OPEN TO CUTTING OIL PRODUCTION

CONSENSUS IS GROWING FOR AN IDEA FIRST PROPOSED BY SAUDI ARABIA

Commodity producers in charge..... net buyers wanting lower inflation not so good >>>

your right i think some on here missed orr point he said he would keep hiking till data says otherwise just like powell reinforced

commodities type stocks done well this yr ... coal , uranium , oil , lithium etc etc . imagine when we come out of recession lol. too the moon.

[JBmurc]

your right i think some on here missed orr point he said he would keep hiking till data says otherwise just like powell reinforced

commodities type stocks done well this yr ... coal , uranium , oil , lithium etc etc . imagine when we come out of recession lol. too the moon.

Yes and the fact we continue down the insane zero carbon route we will need the largest investment in mineral mining of the earth ever seen ... just one generation without Carbon bases fuels we would need to have a five fold increase in all known Copper reserves ... 10x Fold increase in Nickel / Lithium ...

[bull....]

mthly reversals on the charts starting to reinforce the belief we will retest the lows at some stage and maybe go even lower as earnings come down.