Where do you forecast the NZX50 to be at by Christmas 2022 ?

[Beagle]

There's an old saying on Wall Street, "As goes January, so goes the rest of the year" and I've read its about 86% accurate for the US markets. Sadly, January here and in many overseas markets certainly hasn't started well so far that's for sure !

After the worst year in a decade in 2021 surely we can't be on for another negative year in 2022 or could we ?

With the obvious challenges of central bank stimulus around the world be wound back from record stimulatory level's, rising bond yields undermining equity valuations and persistent inflation its clear there are some significant headwinds affecting the market and that's before we even consider the effects of Omricon and any other variants that might pose challenges to the economy.

We closed today at just on 12,600 and if my memory serves me correctly that's down a few hundred points already.

So, where to from here and where to by Christmas ?

This is a public poll and if I set it up correctly your user name will be recorded against your vote.

I'm away for a few days but look forward to reading people's thoughts and votes and will post more of my own thoughts and vote in due course.

Happy debating and voting