Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
I was just thinking this morning about anecdotal economic activity from my personal perspective and yeh! everything seems to be humming ... When I went to Welly to see the ballet it was just insane how busy everything was everywhere.... and Palmerston is the same. Last night took ages to get a park in the city and the restaurant was buzzing. I know these things are to a large degree unreliable but if you see enough of it you start to think that it must be telling you something.
I remember a boss of mine who was an old school broker said that way back he used to walk around the buildings in downtown Auckland that were listed companies and he would see if the lights were on and people were doing overtime as evidence of heightened business activity.
Just imagine how well WHS et al will do when economy really picks up
Americans would say March GDP was 6.4% annualised
Cool eh
Great result in the context of what's mentioned in the article
This is despite Auckland being in alert level 3 lockdown for 10 days, and continued border restrictions," national accounts senior manager Paul Pascoe said.
The first quarter of this year was expected to be a tough one for the economy.
It includes the traditional peak season for international tourism and the time that international students arrive. Neither of which happened this year.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
"There is a strange belief in certain circles that the future will be e-commerce only and that brick and mortar stores have no value. This is strange because the worlds largest, most sophisticated e-commerce companies are all opening stores."
"There is a strange belief in certain circles that the future will be e-commerce only and that brick and mortar stores have no value. This is strange because the worlds largest, most sophisticated e-commerce companies are all opening stores."
It was trading well until someone impatiently dumped a big parcel moving the price to 3.30 from 3.40 lol, low liquidity stock I guess someone needed the cash
Reply With Quote
Originally Posted by Beagle
Bookmarks