Lot of people licking their wounds and some like me, have run out of saliva as you can see https://www.bing.com/images/search?v...t=0&ajaxserp=0
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Lot of people licking their wounds and some like me, have run out of saliva as you can see https://www.bing.com/images/search?v...t=0&ajaxserp=0
Property market still going nicely .... several regions hitting new records
https://www.reinz.co.nz/Media/Defaul...ary%202022.pdf
How long does it have to sit around $1.05 mark before a base is formed?
Its never going to go to the magical $1 number is it
Is industrial and warehousing the new hot land market.
still all those plush retirement villa's will be sort after the more those motor bikes gangs intimidate towns across the country.
you can hear them coming and going.
I feel it could go below $1. After all who can predict the future. But it won't stay there long. Buyers will come in quite quickly. After all the SP has been up to $1.70, and is down to nearly a $1. That is quite a drop. OVERSOLD!
a lot of investors will be building up cash when inflation hits for reinvesting when the tide swings.
and that could be a few years hence.
not sure but the banks could be the new hot stock soon if they can keep up the DIV's.
the GFC has a big rebound then a sell off .
As money drains from the system through central bank tightening
The world sentiment across the board is so negative and has been for some time.
Ukraine war has only compounded that coupled with covid, mandates, protests, inflation, interest rates blah, blah. Not the recipe for a robust sharemarket.
When sentiment turns towards this negative of an extreme, it almost always precedes an impending major rally.
Just to present an other view?
What will change the sentiment?
Resolution to Ukraine war.
Learn to live with covid,
Lifting of mandates,
Get everyone back to work.
OCA has not changed, it will adapt to house prices, interest rates, staff wages up or down. Just keep eye on the target of the tsunami of rest home care in the coming years. Proven model that works.