nice stock trade bounce on asx open. time to relax now.
traders can still make money if there nimble in a bear
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nice stock trade bounce on asx open. time to relax now.
traders can still make money if there nimble in a bear
All this carnage ..... and we aren't even and may never be in a recession
NZ 10 yr at 4.2 % no wonder the bond proxy stocks getting hammered today
this doesnt help as well
Annual food price increase remains high at 6.8 per cent
https://www.nzherald.co.nz/business/...DORVXN4IZ2UIU/
mr Orr be worried its not coming down .... more aggressive rate rises too come ?
also not helping today
ANZ hikes home loan stress testing rate to 7.6%, shrinking buyer pool further
https://www.stuff.co.nz/business/128...r-pool-further
lets kill the housing market more
[QUOTE=Hoop;961988]About now is the time to clear up some statistical misinformation..I read the other day not to worry about the Bear, it is short lived (av 8 months) and the average drop is -38%..Compared to a long living Bull (av 3-5 years) and average rise of+114%.
Thanks for the insights Hoop. It seems bear markets have become less frequent but longer over time - esp over the past 50 years.
Also of note:
- Half of the S&P 500 Index’s strongest days in the last 20 years occurred during a bear market. Another 34% of the market’s best days took place in the first two months of a bull market—before it was clear a bull market had begun.2 In other words, the best way to weather a downturn could be to stay invested since it’s difficult to time the market’s recovery.
- A bear market doesn’t necessarily indicate an economic recession. There have been 26 bear markets since 1929, but only 15 recessions during that time.3 Bear markets often go hand in hand with a slowing economy, but a declining market doesn’t necessarily mean a recession is looming.
There are some screaming bargains among Australian small caps atm - niche leading companies with recurring revenues and strong balance sheets on ridiculously low price-cashflow valuations.
In this age to super connectivity ...everything happens so fast as all are aware of Mr B's posts here ...
Soon big funds will start buying giving some vague reasons then all will be after stocks again ....Its time to stop looking at markets ...just enjoy your dividends ....forget the capital paper losses ....if u keep holding them then they will come back sooner then we anticipate at the moment ....HGH dream of 2.59 in 18 months
I don't think the Kiwi is helping RBNZ with inflation at this point either. Double hike next time around maybe? RBA seemed happy to apply some shock treatment to really get on top of this problem.