Hope FED goes full 1% to show their utmost resolve to crush Inflation sooner then latter . That will be best for markets eventually
We dont want half hearted lingering fight ...go all in and get it done sooner then market thinks !!!
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Hope FED goes full 1% to show their utmost resolve to crush Inflation sooner then latter . That will be best for markets eventually
We dont want half hearted lingering fight ...go all in and get it done sooner then market thinks !!!
NZD close to GFC lows. Pretty cool.
Kiwi dollar down across the board, below 0.59 usd. May mean higher nz ocr as this low currency, set to trend lower, means more inflation.
banana republic stuff lol ..... guess the takeover of the nzx companies getting cheaper all the time ie pushpay ?
thats why its cool to have some cash in your portfolio in US dollars this yr until its not
US 10yr hitting new highs TOO all flow thru to nz rates soon where expecting new highs at some stage when ORR relizes nz inflation not coming down enough
anyway at the end of the day with a fed meeting this week whatever he says has the potential to move markets both ways
Yes you are right. In November 2008 it was where it is now. But then there was that whoosh down in December and February before it popped back up, same with US shares of course.
So not the GFC lows as such but lower today than we were for most of the GFC. I see the NZD was higher when Lehman collapsed compared to today.