The question is "when" not "if" with this stock.
Quote:
Originally Posted by
LaserEyeKiwi
Excellent news with this mornings new Covid framework announcement!
- retail will be open under every alert level
- more than doubling of resurgence payments to impacted businesses
- increased hardship support for minimum wage workers, meaning even a couple both working 40 hours on minimum wage will be getting extra payments if needed.
- enforced vaccination requirements to enter many establishments mean confidence for people to patronize premises
I also took this as good news. New Zealand has now surpassed the US, UK, and Australia in vaccination rates. I know we like to focus on the gloom and doom around here sometimes, but that is not an insignificant advancement.
Does anyone REALLY disagree with the "coiled up spring" spending pattern people exhibit when they come out of a lockdown? It's a readily observable and predictable pattern that has as much to do with human nature as economics. The question is not "if" this is going to happen but "when?" Could be a few weeks later than expected. So what?