It's always interested me how far New Zealand governments where willing to go to avoid allowing more housing to be built. Our country has a tiny population, this is a really stupid problem to have.
Low interest rates for longer if housing reforms actually work and dampen down house inflation.
Thats the reason bond yields dropped thus bringing down NZD with it , the day these measures were announced . Fixed rate and foreign currency markets actually think they can work well thus reducing the pressures on RBNZ which will be now fully focused on rates for economy and not some stupid house price bubbles
Thus it makes new measures excellent for real economy ...Rates down for longer ..good for businesses and working class mortgage owners ....NZD down great for exporters thus again helping economy
This maybe called targeted surgical strike to attack the only problem on hand while helping all others around ...No collateral damage ...Renters are making out to be the collateral damage but that can also be easily fixed as per existing rules of Tribunal making sure there is no big disruptions or distortions in rent increases
april is usually a very good mth for stocks
democrats usually provide better market returns than republicans
usually when a president controls the house and senate stock market returns are the greatest
reflation trade is still the theme at the moment evidenced by the RUT , DJT and DJI being the best performers in the US over the sp500 and nasdaq.
ASX trading sideways most of quarter except financials , mining stocks and post covid recovery stocks
NZX traded down most of quarter except financials , retailers and post covid recovery stocks. NZ market does not have a big coverage of these theme stocks being mainly dominated by bond proxies type stocks hence why it has been one of the worst markets this quarter
top stocks last 3 mths in order of performance
RAK
GEO
WHS
SPY
NWF
VGL
SPN
NZM
FBU
SKO
SKL
TWR
that do the stocks fit in the sectors mentioned and also tie in with the theme in aus and us markets as best sector themes
released on friday US
smashed expectations , As US markets are closed friday for good friday US futures are up big time for when markets open next week esp RUT ie on the reflation trade
released on friday US
smashed expectations , As US markets are closed friday for good friday US futures are up big time for when markets open next week esp RUT ie on the reflation trade
US markets will reopen overnight Monday our time while we're still closed for the long weekend. We will get to see the magnitude of the reaction before our sharemarket screens open for the day on Tuesday.... this powerful jobs result has come in even before the effect of the $1300USD helicopter cheques so its obvious how this will flow on. Strong results are building for the next earnings reports season me thinks. Personally I dont want to see higher and higher share prices as it causes massive price bubbles and then long term problems for a short term gain. Steady as she goes is much better
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Originally Posted by winner69
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