Black Monday

[Entrep]

NZD rolling over too, expect red tomorrow.

[Bobdn]

Yes, let's hope it's a blood bath for a good six to 12 months. I've still got 2/3rds of my cash pile to go. I was beginning to think it was going to be December 2018 all over again.

[Hoop]

The rally has been huge...the volume has been huge...the bear roaming the marketplace is huge...This correction (rally) momentum seems to be running out of legs..I can't see a happy outcome . You have to have great understanding of Bear Market investment strategy to play with bears???
The best Bear Market Investment Strategy a small reward combined with a good night sleep + the lowest risk factor.....walk away & stay away.
Disc :- 5% in ..95% cash on TD

[Oberon]

The worm may have finally turned...

[King1212]

https://i.stuff.co.nz/business/12104...el-3-next-week

Keep wishing the market down.... hahha

[Entrep]

A bit early for bears to be calling victory (I am a bear)

[ynot]

So much for the L shape recovery. The bottom is in and she's a V ! (Not)

[Balance]

Cash in the bank? What will it be worth when hyper-inflation takes hold and asset values (especially of inflation hedge businesses) increase hugely?

https://www.barrons.com/articles/buy...of2&yptr=yahoo

" .....we are throwing an unprecedented amount of money at this problem. This is very close to modern monetary theory . The government is sending out checks and [funding them] with bonds, and the Fed buys the bonds." Federal Reserve prints the money, the government accesses the money by issuing bonds, gives the money out and the Federal Reserve buys the bonds!

" .....when there’s too much money around, even when production is going well, there’s always a chance of inflation. Milton Friedman said inflation is always and everywhere a monetary phenomenon. We’ve had unprecedented [monetary] policies throughout the world."

[moka]

Sharing on sharetrader. ASB has just changed margin lending ratios - interesting. Lots of Australian ratios removed as well but not included in this post. Only one increase which is ATM.

To keep you informed about your ASB Margin Lending facility, we’ve provided a summary of changes to our New Zealand and Australian approved securities lists below. These changes are effective on and from Thursday 23th April 2020.

Lending Ratios That Will Be Increased The a2 Milk Company ATM.NZX Increase from 50% to 60%

Lending Ratios That Will Be Decreased Auckland Airport AIA.NZX Decrease from 70% to 55% Argosy Property Trust ARG.NZX Decrease from 65% to 55% Briscoe Group BGP.NZX Decrease from 60% to 50% SmartShares Europe ETF EUF.NZX Decrease from 55% to 40% Genesis Energy GNE.NZX Decrease from 70% to 60% Green Cross Health GXH.NZX Decrease from 50% to 40% Heartland Group Holdings HGH.NZX Decrease from 65% to 55% Infratil IFT.NZX Decrease from 70% to 60% Kingfish KFL.NZX Decrease from 60% to 50% Kathmandu KMD.NZX Decrease from 60% to 50% Kiwi Property Group KPG.NZX Decrease from 70% to 60% Metlifecare MET.NZX Decrease from 70% to 55% Smartshares Australian Mid Cap ETF MZY.NZX Decrease from 60% to 50% New Zealand King Salmon Investments NZK.NZX Decrease from 55% to 40% New Zealand Refining Company NZR.NZX Decrease from 65% to 55% Restaurant Brands New Zealand RBD.NZX Decrease from 65% to 55% Ryman Healthcare RYM.NZX Decrease from 70% to 55% Sky City Entertainment Group SKC.NZX Decrease from 70% to 55% Skellerup Holdings SKL.NZX Decrease from 60% to 50% Steel & Tube Holdings STU.NZX Decrease from 60% to 50% Summerset Group Holdings SUM.NZX Decrease from 70% to 55% Trustpower TPW.NZX Decrease from 65% to 55% The Warehouse Group WHS.NZX Decrease from 60% to 50% Z Energy ZEL.NZX Decrease from 70% to 55% Blackmores BKL.ASX Decrease from 60% to 45% Challenger CGF.ASX Decrease from 65% to 55% Collins Foods CKF.ASX Decrease from 55% to 45% Cochlear COH.ASX Decrease from 70% to 60% CSR CSR.ASX Decrease from 70% to 60% Crown Resorts CWN.ASX Decrease from 65% to 55% Nufarm NUF.ASX Decrease from 65% to 55% Oil Search OSH.ASX Decrease from 65% to 55% Scentre Group SCG.ASX Decrease from 70% to 60%

Lending Ratio Removals Abano Healthcare ABA.NZX Air New Zealand AIR.NZX Hallenstein Glasson Holdings HLG.NZX Michael Hill International MHJ.NZX Sky Network Television SKT.NZX Tourism Holdings THL.NZX Vista Group International VGL.NZX

[Entrep]

The Fed has pushed corporate bond ETFs back to February highs. lol