The Economy

Started by Shareguy, Jul 25, 2023, 09:23 AM

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Shareguy

Yes. Oil on its way up again.

Waltzing

#31
 That little stretch of water where the ships are having a spot of bother..

https://www.youtube.com/watch?v=8GKlKYQDDcQ


Waltzing

Hot money documentary  a bit of laugh except is securisation back in a big way?

https://www.youtube.com/watch?v=psGaxUBoiWo

Waltzing

#33
https://www.interest.co.nz/economy/125917/reserve-bank-says-its-chief-economist-will-be-speaking-economic-developments-full

"Chief Economist Paul Conway will deliver a keynote speech at 9am, Tuesday, 30 January 2024 via webinar, to be hosted on the RBNZ website. A link to the livestream will be added to the events calendar a few days before the speech is delivered. The text will also be published.

About the speech

The speech will focus on how significant changes to the global economy since the COVID-19 pandemic have created new uncertainties and challenges for monetary policy. High quality research and data will be needed to understand these changes.

Investing in data that is more frequent and more accurate is critical for informing policy decisions that have implications for future economic wellbeing and prosperity. High-quality data is also necessary for effective research. Our research agenda at the Reserve Bank is based on findings from our recent five-year Review of the Formulation and Implementation of Monetary Policy and the need to deliver on our monetary policy Remit objective of low and stable inflation.

In this speech, Mr Conway will also make brief comments on domestic data developments since the November Monetary Policy Statement."



KW

There are 25,000 extra people on welfare benefits than this time last year, while Labour gave out 285,000 work visas to immigrants.  That's over half a billion dollars in extra welfare spending that we now cant spend on tax cuts or fixing potholed roads or doing surgeries. 

Also a net 21,000 people left for Australia.  The highest on record (normally its a net loss of about 3000 people).  Unfortunately its not the unemployed dole bludgers leaving but our highly sought after professionals.  Teachers, nurses, IT experts, police, corrections officers - just some of the occupations that have been poached by Australian govt agencies. 

This is the kind of stuff they are all offering .... 

You cannot view this attachment.
Don't drink and buy shares in a downtrend, you bloody idiot.

Waltzing

 
Im sure plently here will have family and friends in AUS...


Waltzing

Well its looking pretty good in the US will NZ get a break on the inflation front this year?

https://www.cnbc.com/2024/01/26/pce-inflation-december-2023-.html

Waltzing


Waltzing

With the US not in stagflation the 10 yr jumping no OCR cuts then this march...

https://www.cnbc.com/2024/02/02/us-treasury-yields-ahead-of-key-jobs-report.html

Waltzing

What happens now that the command and control economy starts to spiral out of control slowly very slowly....

https://edition.cnn.com/2024/02/02/investing/chinese-stocks-fall-worst-week-in-years/index.html

Waltzing

Looks like the wellington officials have policies that dont work in rural areas and there isnt enough money to support even care takers for rural schools...

https://www.nzherald.co.nz/nz/80-principals-resign-from-northland-schools-in-six-years/XEJY44K6S5A4RMX5A5WR23JCLQ/

maybe in a small economy thats why they want to tax the rich...


Waltzing

Is it time for a new approach to government and local body accounting models...

with some tighter controls over local body governance and finance....

The idea the local representatives cant  move on issue of operations is simple no longer tenable...

https://www.nzherald.co.nz/nz/politics/watch-christopher-luxon-on-state-of-the-nation-as-government-considers-tightening-migration-settings/6NG36TUM7VHOXOYSDC72F7A52I/