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Thread: Black Monday

  1. #4441
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    I agree that the quoted inflation rate is laughable. However my electricity rate with Trustpower has gone up by 35% since 2010. That's not my bill, but the rate they charge. As for petrol I have no record of the price at the pump last time the price per barrel was at present rates, but it sure as hell wasn't $2.35 per litre. Bring on the cheap EVs and solar roof.

  2. #4442
    Speedy Az winner69's Avatar
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    Annual June 2018 ”Tradables” component of CPI is +O.1% while “non-Tradables” was +2.5%

    (Geek note:Tradables are goods and services that are imported or are in competition with foreign goods and services, either in domestic or foreign markets. Non-tradables are goods and services that do not face foreign competition)


    I reckon that tradables bit is going to increase quite a lot in the next few months and the non-tradables won’t get less .......net impact is?
    Last edited by winner69; 12-08-2018 at 09:00 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #4443
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    Quote Originally Posted by Jerry View Post
    I agree that the quoted inflation rate is laughable. However my electricity rate with Trustpower has gone up by 35% since 2010. That's not my bill, but the rate they charge. As for petrol I have no record of the price at the pump last time the price per barrel was at present rates, but it sure as hell wasn't $2.35 per litre. Bring on the cheap EVs and solar roof.
    I installed gas hot water and heating in 2007 so while my personal bill is lower through substitution, I take your point that overall inflation is higher. Unfortunately there is no way I can substitute out of my local authority rates. I'm seriously considering moving. I'll be challenging my property value next year which might give me some respite.
    Last edited by Bobdn; 12-08-2018 at 10:43 AM.

  4. #4444
    Speedy Az winner69's Avatar
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    Good ol Jared

    Jared Dillian (@dailydirtnap)
    12/08/18, 10:27 AM
    At 26, I thought my professor was wrong to dismiss technical analysis.

    At 30, I was learning the basics of technical analysis.

    At 34, I was dependent on technical analysis.

    At 39, I found I could do without technical analysis.

    At 44, I'm pretty sure my professor was right.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #4445
    ShareTrader Legend bull....'s Avatar
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    2826 - 2842

    oil breaking down 64 next stop ?
    one step ahead of the herd

  6. #4446
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    lira tanking again , the range gone on the s&p too down we go
    one step ahead of the herd

  7. #4447
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    the turks are selling at 7 lol
    one step ahead of the herd

  8. #4448
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    The Turkish problem has the potential to start a domino effect. Quite a few European Banks are exposed.

    Turkish-debt.png

    They are not alone in the, tottering on the edge, state.
    Last edited by arc; 14-08-2018 at 12:50 PM.

  9. #4449
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    Absolutely ... I guess Germany can probably compensate for another $16 b ... (hopefully its not Deutsche Bank), but particularly with Spain I am not so sure.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #4450
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    turkey problems stem from debt binge over the years was always going to happen , trump just decided to put his foot on edorans head to get what he wants and the pressure piles on. cant see it as a big deal myself blow over when turkey economy crashes or turkey gives up to trump.
    one step ahead of the herd

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