Black Monday

[Rawz]

big difference between owning hard assets and owning paper stocks

these paper stocks own hard assets? Im not being facetious, i just would have thought these retirement villages or warehouses would rise with inflation.

Just need to watch for companies with too much debt.

But companies with just the right amount of debt.. the inflation will inflate it away

[couta1]

these paper stocks own hard assets? Im not being facetious, i just would have thought these retirement villages or warehouses would rise with inflation.

Just need to watch for companies with too much debt.

But companies with just the right amount of debt.. the inflation will inflate it away

Yes bit of a silly comment by bull, retirement stocks equals a whole lot of hard assets with a huge audience of need to fill them.

[value_investor]

a 50 pt hike in ocr will crush the bond proxy nzx

Priced into swap rates. Next OCR decision is on Thursday and the next one won't be likely until February now which would be almost another quarter away. 4.9% headline inflation which will probably stay steady or rise. Petrol prices and building materials in this quarter likely to drive it even higher in the Q4 reading.

[winner69]

Rbnz survey of expectations just out …business leaders etc

OCR to increase over next year …inflation 3.7% over next year …house prices 5% one year and 4% two years

No worries here

https://www.rbnz.govt.nz/-/media/Res...2-5796ac0a8941

[sb9]

Priced into swap rates. Next OCR decision is on Thursday and the next one won't be likely until February now which would be almost another quarter away. 4.9% headline inflation which will probably stay steady or rise. Petrol prices and building materials in this quarter likely to drive it even higher in the Q4 reading.

I think OCR date Wed 24th Nov. Will be interesting to watch with inflation running red hot and will set the tone for 2022.

[bull....]

Yes bit of a silly comment by bull, retirement stocks equals a whole lot of hard assets with a huge audience of need to fill them.

you need to look at it from the perspective of stock prices being at all time highs. stocks are financial assets not real assets

[couta1]

you need to look at it from the perspective of stock prices being at all time highs. stocks are financial assets not real assets

Many NZX companies are 20% off their all time highs (Not talking about the likes of A2) thats more than a correction %.

[bull....]

Rbnz survey of expectations just out …business leaders etc

OCR to increase over next year …inflation 3.7% over next year …house prices 5% one year and 4% two years

No worries here

https://www.rbnz.govt.nz/-/media/Res...2-5796ac0a8941

futures pricing 2 hikes in by end yr now after this data

[Panda-NZ-]

US Fed meeting in 15 Dec.

The US share culling may begin slightly before or on that date.

[Panda-NZ-]

When inflation goes up it's actually just a good time to spend up large. Or take the risk higher prices next year.