Black Monday

[Panda-NZ-]

Haven't you left for australia yet with Mike?

Why are both of you still in the country and when can we expect the depature.

[Ggcc]

NZX up nearly 100% since her first term.

Mike hosking said it would collapse :\

It won’t go down if you keep giving the people money. It’s free right……….

[Panda-NZ-]

Which means higher living standards for the people.

Something everyone should aim for esp. when other countries are.

[Bjauck]

NZX up nearly 100% since her first term.

Mike hosking said it would collapse :\

US data shows that the colour of the government has little effect on the share market but it does tend to perform better under Democrat Presidents (left of centre) with a split congress
https://www.cnbc.com/2020/11/03/are-...ck-market.html

[Panda-NZ-]

100% is a good track record for further gains though which some suggested we were flatlining which isn't the case.

S&P 500 in '16: 2100
S&P 500 in '20: 4200

Which is also a doubling so we have seen similar gains to the United States.
Achieved without tax cuts or share repurchases.

[Bjauck]

100% is a good track record for further gains though which some suggested we were flatlining which isn't the case.

S&P 500 in '16: 2100
S&P 500 in '20: 4200

So we have seen similar gains to the United States.

Achieved with no tax cuts or share buybacks.

The NZX50 is a gross index which includes gross dividends and the USA has a general capital gains tax.

[Panda-NZ-]

We have a Revenue tax of 15% on most NZ business, excluding exporters, which has more of an impact than another form of income tax.

[Panda-NZ-]

I welcome an expanded Fed mandate in the US though others have raised concerns.

https://www.cnbc.com/2021/05/27/the-...e-nervous.html

They should spend money directly in my view and stop the political element getting in the way of maintaining their 2% inflation target.

The median voter isn't a great source of wisdom on these issues. Maybe the Federal reserve has better ideas than spending on defence, which makes up half of the discretionary budget.

[bull....]

I welcome an expanded Fed mandate in the US though others have raised concerns.

https://www.cnbc.com/2021/05/27/the-...e-nervous.html

They should spend money directly in my view and stop the political element getting in the way of maintaining their 2% inflation target.

The median voter isn't a great source of wisdom on these issues. Maybe the Federal reserve has better ideas than spending on defence, which makes up half of the discretionary budget.

the coming digital US dollar will give the fed unprecedented power even when the RBNZ gets there digital currency one day same thing lots more power to directly influence the economy and people


anyone in the AMC take-out the shorts squeeze

[Panda-NZ-]

It's already a digital dollar in a way - just have to remove cash.

The preserve of criminals and tax avoiding tradies ^^