Black Monday

[Daytr]

some people saying the unwind of the yen carry trade is a negative for US stocks at the moment as well

Yeah not sure about that, sounds like people looking for a reason. I would suggest it's purely about earnings & the heat coming out of AI.

I see it as a correction, but is it a 10% correction or 20%? Time will tell.

[Panda-NZ-]

Its better for the taxpayer if they are issued at a lower rate , less interet to pay on them !!!!!!

Also who buys them? The RBNZ ie the govt owes itself or America/China/japan.

[stoploss]

Also who buys them? The RBNZ ie the govt owes itself or America/China/japan.

The later ,if it was the RBNZ it would be the money go round again and that cost us circa $ 10 billion last time .Govt still recapitalising RBNZ at something like $ 250 million a month for that. Not sure the RBNZ Governor wants to repeat that dose .......

[alokdhir]

https://www.goodreturns.co.nz/articl...ies-a-buy.html

Making a case for NZ stocks !!!

[winner69]

https://www.goodreturns.co.nz/articl...ies-a-buy.html

Making a case for NZ stocks !!!

Hope all these gurus are right eh alokdhir

I know it’ll happen for sure when Katie does a rave on 1News

[Toddy]

Hope all these gurus are right eh alokdhir

I know it’ll happen for sure when Katie does a rave on 1News

Of course she is right. However, you cannot afford to invest in the Companies with too much debt, increasing costs, negative cashflows, paying no dividends, and relient on gas or expensive energy.

There is good value on the NZX, but buyer beware.. Too many people rely on the punt of a takeover, or keep buying the dogs to average their price.

[bull....]

Yeah not sure about that, sounds like people looking for a reason. I would suggest it's purely about earnings & the heat coming out of AI.

I see it as a correction, but is it a 10% correction or 20%? Time will tell.

11/7 both nasdaq and yen currency trade broke down also japan 10yr bond started to rise , i see it as mix of yen carry trade unwinding and like you say AI overstretched prob why buffet took 50% profit in apple at peak. ( who would have guessed buffet times the market lol )

[Rawz]

Of course she is right. However, you cannot afford to invest in the Companies with too much debt, increasing costs, negative cashflows, paying no dividends, and relient on gas or expensive energy.

There is good value on the NZX, but buyer beware.. Too many people rely on the punt of a takeover, or keep buying the dogs to average their price.

100% agree....

[Rawz]

11/7 both nasdaq and yen currency trade broke down also japan 10yr bond started to rise , i see it as mix of yen carry trade unwinding and like you say AI overstretched prob why buffet took 50% profit in apple at peak. ( who would have guessed buffet times the market lol )

Buffet probably is the clock in the apple situation

[winner69]

Yes now bad news have become bad news as rates coming down already in stocks ...but economy faltering is not ...but still not big worry at least NZ market .

We shud stay within 1% down band on Monday too ...hopefully

Good call with your 1% down call alokdhir ….. early in day but we should be OK