Australia Signals It’s Done Hiking Rates, Sending Currency Lower
https://www.bloomberg.com/news/artic...=homepage-asia
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Australia Signals It’s Done Hiking Rates, Sending Currency Lower
https://www.bloomberg.com/news/artic...=homepage-asia
IMF warns New Zealand Government against borrowing to fund tax cuts, fearing this could exacerbate inflation
https://www.nzherald.co.nz/business/...IWFM2FS25IT5M/
should do them last yr of 3 yr term .... madness doing it this yr
Another record close on the S&P500. Bit of a monster day.
I now feel nothing as markets grind higher and I become richer. I'm completely desensitized.
Need to invest in a single NZ stock to reconnect with loss pain again. "Need to see if I still feel..."
lol
anyway powell say all the right stuff. risk on assets powered up after and during speech
Fed meeting recap: Everything Powell said during Wednesday’s market-moving news conference
https://www.cnbc.com/2024/03/20/fed-...-decision.html
and NZ market opens down lol
Oh gee. The economy shrunk. Who would have thought.
Did Shaza at the ANZ get that one right.
I understand US inflation ex shelter is around 1% and given that shelter is so lagging the FED must be considering real time data.
I have so little faith in the NZ economy. I try not to read the main stream media but if the headlines are to be considered NZ is more concerned about divisiveness than pulling together to get this once awesome country back to being a productive nation. Again i'm trimming my NZ holdings and reallocating overseas as I did in '22