Stocks will benefit / suffer from a Labour government?

[artemis]

Certainly sounds inflationary to me. Especially if Winston keeps talking doom and gloom on the economy. Interest rate rise coming, and big problems building 200 houses a week when immigration numbers reduced. Where are the tradesmen coming from? Several conflicting polices. Certainly won't be plain sailing.

We have tradies in the family and hire several regularly. They are all super busy, with delays even for us as good and long term customers. Two firms who used to advertise stopped a year or more ago, can't cope with new customers.

Watching Kiwibuild with interest LOL.

[bull....]

retirement stocks hammered not a surprise with min wage going up and property market not going anywhere

[bull....]

exporters look like are taking off , guess the dollar going to 68c fairly quick

[fungus pudding]

retirement stocks hammered not a surprise with min wage going up and property market not going anywhere

Surprises me. Property replacement prices must rise, with increase in cost of all imported materials, and building labour costs. Inflation higher than we've seen for decades, and while that means higher operating costs, it will also mean higher residents' fees.

[Snoopy]

Who do you think will benefit / suffer from government policies?

The power retailers must be smiling at the prospect of 'power grants' to low income earners over winter.

SNOOPY

[Valuegrowth]

At some point there will be bear market. The world stocks markets which include NZ market are overvalued. There will be next bear market at the end of the current bull market. This is the time look for value opportunities. It is very scary to see extended P/E ratios in global markets.

[couta1]

At some point there will be bear market. The world stocks markets which include NZ market are overvalued. There will be next bear market at the end of the current bull market. This is the time look for value opportunities. It is very scary to see extended P/E ratios in global markets.

Not all stocks on the NZ market are overvalued and their PE ratios are not extended.

[Valuegrowth]

Thanks couta1. It may be good time to look for out of favour value stocks. Am I right?

[Valuegrowth]

exporters look like are taking off , guess the dollar going to 68c fairly quick

Exporters should benefit specially value stocks.

[Sgt Pepper]

Surprises me. Property replacement prices must rise, with increase in cost of all imported materials, and building labour costs. Inflation higher than we've seen for decades, and while that means higher operating costs, it will also mean higher residents' fees.

"Inflation higher than we've seen for decades"
Really??