Rice price at a 4 year high!
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Rice price at a 4 year high!
https://smartshares.co.nz/types-of-f...and-shares/nzg
As they pay out actual dividends so it has to be ....
PS : Also if u looking for better then just NZG which tracks NZX50 plus pay out dividends ....so for better growth option KFL with DRP will work better ...it not only reinvests dividends but at 3% discount to current SP thus surpassing the brief of NZX50G which SR thinks is not possible ..
https://kingfish.co.nz/investor-cent...o-performance/
https://www.chrislee.co.nz/market-news
chris lee article on the index etc
US CPI due tomorrow.
Should provide direction for markets.
US markets have come a long way on the back of recent job data.
Could be nasty if prices are going up & growth in activity is down.
Jared at dailydirtnap says “Kind of funny that Buffett has $150 billion and can't find anything he wants to buy, but EVERYTHING looks good to the private equity guys.”
https://www.macrovisor.com/p/a-look-...ad-of-cpi-data
Shelter inflation makes up ~36% of the CPI data,
Shelter inflation looks to be heading higher >>>
No profit warnings / downgrades today
NZX should have a rare up day
Housing and household utilities make up 27.74% of NZ CPI …as at June 2023 …reweighted every 3 years