"But in roughly 100 days, an economic bloodbath will commence."
https://www.news.com.au/finance/econ...e5fa2c3b9c0501
One of these days, Jason Murphy will be right?
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"But in roughly 100 days, an economic bloodbath will commence."
https://www.news.com.au/finance/econ...e5fa2c3b9c0501
One of these days, Jason Murphy will be right?
we are hoping that some asset prices get pushed down in the next 6 to 12 months in AUS.
almost every prediction they made back in winter of 2020 never played out.
Glassons Australia has been going gangbusters despite occasional state lockdowns. Wonder how they will go when the vaccine is fully rolled out, no more lockdowns and they expand their store network...Hmmm
we are hoping for a small last drop in travel stocks and then imagine just how champagne popping next Melbourne Cup and the Kiwi's who will travel over for that.
they aussi will have so much cheap wine to drink this winter i cant imagine many sober aussi's..
Thanks for the link. Basically he is saying businesses are not taking out loans therefore they are not investing in income producing assets and this portends another recession. I have another interpretation as to why businesses are not taking out new loans; something I am seeing with my clients. Profits and cashflow have been exceptional such that a) bank debts have been repaid and b) some growth capex is now being funded from cashflow whereas previously it was put on tick. I'm not seeing a reduction in growth spend for the future, quite the reverse, but this expansion is being funded from cashflow and/or retained profits.
P.S. I say this acknowledging I am only seeing a very very small part of the NZ market and this may not be representative of the entire economy.
Ferg's post will be music to everyone's ears...:t_up:
Glassons sound like new stores are likely soon ...paid for out of cash flows
Wrong thread obviously .. but it sounds like some expect HGH to have it's hand out ? ;)
back to old habits maybe ?
but no danger of anything like that with HLG as the competition in the land of funny coloured
large centre rock likely continues to get blasted to smithereens .. ;)