NZSX50 - Good News!

[ratkin]

Winters coming

[Mista_Trix]

Game of Thrones reference?

Wish he'd hurry up and finish the next book!

I love GOT, but wont the next story just be us getting to know and love some of the characters and them being killed off in some horrid and intense scenario :-S

[winner69]

Maybe the NZX50 won't be 5000 by xmas after all

maybe bobcats prediction of a big decline in world markets is about to happen (80% probability)


not even XRO can hold back the tide now

[Hoop]

Maybe the NZX50 won't be 5000 by xmas after all

maybe bobcats prediction of a big decline in world markets is about to happen (80% probability)


not even XRO can hold back the tide now

Looking at the Copper technical breakdown this morning... this could be the warning indicator towards the worst case scenario ...........................the cancellation of GOT

[winner69]

It wouldn't surprise me if there is no change to the OCR

Wheeler sees no inflation

Whatever he will talk down the NZD

[winner69]

This week 14 years ago the NASDAQ reached its all time high of over 5000

So the 4300 today doesn't look too good, but then again some say its approaching bubble territory again

Just reminds us bubbles bursting have terrible consequences unless one reacts quickly

Not buy and hold territory but trading the long term market cycle seems best

[winner69]

Not really a bold prediction on my part, but I suspect we will see a .25 basis point rise (and a talk down of the NZD). I think that while the inflation they see is still nicely tucked in the middle of the target band (1.6%) they will note that it has been rising a bit quicker than they expected, that housing is still not under control, and the economy is sitting pretty well. They will therefore rise the OCR as per their previous commentary and will believe this for the most part will have been priced in to the e-rate. We will see a spike on the intraday charts but the e-rate will be back on its normal path from tomorrow.

I said I wouldn't be surprised to see no rise

Should be 0.5% as we previously debated turmeric

But if 0.25% at least some action from the no action man

[winner69]

Don't take offence turmeric

If I was to imagine what you looked like a wheeler of some 10-15 years ago would fit the bill

My daughter once aspired to be Governor of the RB. Thankfully she saw better things to do

[Banksie]

The next MPS which is 24 April, yes. I expect they will take the same route as the Fed regarding flexibility of economic conditions (although they are not nearly as hamstrung as them). In an election year the gubernment doesn't want inflation galloping ahead either, so best bet is more rises soon to try and keep a lid on inflation to stop the masses complaining about even more price rises.

13 Mar 2014 OCR and MPS
24 Apr 2014 OCR
12 Jun 2014 OCR and MPS
24 Jul 2014 OCR
11 Sep 2014 OCR and MPS
30 Oct 2014 OCR
11 Dec 2014 OCR and MPS

[Xerof]

Precedent suggests they only like to move on MPS dates, but if I heard correctly, Wheeler wants to be at 3.75% by the end of this year, so one might be an OCR date, or perhaps one lift might be 50bps?