Not really and he did not quantify for how long the 20% would be there but just trying to help you out here Balance. I thought you wanted a bit more downwards pressure
S&P couple hours ago released this saying what i said earlier today
Asia Pacific recession guaranteed" published on Wednesday, the ratings agency said the first-quarter shock in China, shutdowns in the US and Europe and local virus transmission will trigger a deep recession across the region
S&P couple hours ago released this saying what i said earlier today
Asia Pacific recession guaranteed" published on Wednesday, the ratings agency said the first-quarter shock in China, shutdowns in the US and Europe and local virus transmission will trigger a deep recession across the region
Wow - and we need a Legend to convey this wisdom ...
Obviously - if it is in the Star it must be true , but lets face it, to predict in the current situation a recession (being two subsequent quarters of negative growth) you need to be neither rocket scientist nor senior economist nor "Legend". This is a prediction even the Star might get right, but honestly - most 5th graders would be able to "predict" that as well ;
Do you have any news for us as well?
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Wow - and we need a Legend to convey this wisdom ...
Obviously - if it is in the Star it must be true , but lets face it, to predict in the current situation a recession (being two subsequent quarters of negative growth) you need to be neither rocket scientist nor senior economist nor "Legend". This is a prediction even the Star might get right, but honestly - most 5th graders would be able to "predict" that as well ;
Do you have any news for us as well?
it be longer than 2 quarters , plenty time for overvalued NZX to come down
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Originally Posted by blackcap
, but lets face it, to predict in the current situation a recession (being two subsequent quarters of negative growth) you need to be neither rocket scientist nor senior economist nor "Legend". This is a prediction even the Star might get right, but honestly - most 5th graders would be able to "predict" that as well 
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