i see ANZ is offering the lowest mortgage available by a big 4 today but they kept a 30 day term deposit at current rates while the rest fell. appealing 30 day while you wait?
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When the politicians in charge of finance say there will be a recession....You had better prepare yourself for a recession..(thats not the kind of thing that makes politicians look good)....doesnt mean every day is going to be a massive fall...It means volitility ..some days will have big rises,but the general current is going basically in one direction. a lower sharemarket in general is on the cards..................Time to get out of the habit of thinking in terms of one company in terms of real value...,what is real value? Takes a little time to start thinking in terms of the slow economy..real value....as opposed to the ''long term Bull run''..real value...............It will be interesting to see how many correlations there are with the last GFC...(Gold really climbed and silver went ballistic) oil dropped to $30 barrel at one stage....and of course all the money printing..
Why would you expect the politicians to say anything else under the circumstances?
They know that there is going to be a recession but already, they are also saying that it could be a lot worse but for their great initiatives!
Backside covering in the extreme.
The one taking the grand prize for backside covering of course is Trump - he his busy blaming everyone else already! :D
misses just back from supermarket saying shelves empty of rice . oats . flour , mixed veges etc etc limits on stuff packed as. people stocking up for sure now compared to couple weeks back
Uber Eats will be making a killing
those
Go easy on him. Hes the President. How unkind of people saying he is very rude calling this virus the China Virus. It is. After all we had the Spanish Flu and no one complained. So PC.
On another matter I wish Winston would do his job properly and go away and visit his branches as Foreign Affairs Minister. Especially the one he opened in Sweden or is it Norway for reasons we arent meant to know about.
The Spanish flu actually started in Pennsylvania (or Kansas perhaps) - but even then (in war time) the news of casualties etc was suppressed and spun. Spain was neutral at the time so published their casualty figures and so the disease ended up wearing the moniker of spanish flu