Retail Stocks

[Waltzing]

worse no U TURN....

is there something in the water in wellington that creates a virtual reality mind set ....

probably only worth investing in retail stocks that have an sucessful overseas footprint...

or some tourism elements and overseas assets....

diversify ...

https://www.interest.co.nz/economy/129231/rbnz-governor-adrian-orr-rejects-u-turn-label-parliament-committee-suggests-lower

[Basil]

Wow, talk of up to 200 basis points in easing in the next 12 months.   That's a LOT !!

[Waltzing]

comment over on economy .....

its not funny really is it...

expect retail SP to rise then?

previously stated did you buy last week?

of course you did but many cant as they are in TD's

he has to go .... soon...

[winner (n)]

I bought a decent number of ARG yesterday to add to my holding.

ARG on fire since Orr cut rates

You probably pretty satisfied

[Basil]

Hope its a 2wd model, you townies don't need a 4x4 unless you'll going to do some true off roading or going up ski fields.

This is the hybrid for you https://www.autocar.co.nz/chevrolet-corvette-e-ray-arrives-down-under/
0-100 in under 3 seconds.  Too quick for a fat Beagle, (probably kill myself) but you'd be alright with your go hard or go home approach.

[Waltzing]

retail looking a bit sad still...

https://www.interest.co.nz/business/129367/new-zealand-retail-sales-down-12-june-quarter-extending-two-year-downward-trend

[BlackPeter]

retail looking a bit sad still...

https://www.interest.co.nz/business/129367/new-zealand-retail-sales-down-12-june-quarter-extending-two-year-downward-trend

Yes, but lets face it - who is in the second half of the 3rd quarter really still worrying about a slow second quarter?

No point trying to read the tealeaves by firmly focussing on the rear mirror of yesteryear. Much better to look forward and prepare for the inevitable upswing. Spring is in the air.

[winner (n)]

retail looking a bit sad still...

https://www.interest.co.nz/business/129367/new-zealand-retail-sales-down-12-june-quarter-extending-two-year-downward-trend

Yes, but lets face it - who is in the second half of the 3rd quarter really still worrying about a slow second quarter?

No point trying to read the tealeaves by firmly focussing on the rear mirror of yesteryear. Much better to look forward and prepare for the inevitable upswing. Spring is in the air.

Guru Mike Hosking knows everything and always right ...he agrees with you mate

  So what is this intangible? It's the vibe. The vibe is important and in this case, it's driven by a desire to see better days, the same way we talked ourselves into a funk these past couple of years. And why wouldn't we? There was a lot to be in a funk about, and there still is.

But human nature generally wants us to be happy, to have hope.

So we look for indicators - the Reserve Bank and headlines like "light at the end of the tunnel", your mate that says, "what the hell, let's go out for dinner tonight" or "what the hell let's go away for the weekend any way". That's the vibe.

It doesn't take a lot, and no, it doesn't happen overnight. It happens gradually. But we are herd-like. You see one, then another, then you want to be part of it.

If you mark this day as the start, by early December remember this day and compare it to then. You'll be surprised at the transformation.

Because I am convinced the transformation is underway. 

https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/opinion/mikes-minute-the-vibe-of-the-economy-is-turning/

[Shareguy]

Guru Mike Hosking knows everything and always right ...he agrees with you mate

  So what is this intangible? It's the vibe. The vibe is important and in this case, it's driven by a desire to see better days, the same way we talked ourselves into a funk these past couple of years. And why wouldn't we? There was a lot to be in a funk about, and there still is.

But human nature generally wants us to be happy, to have hope.

So we look for indicators - the Reserve Bank and headlines like "light at the end of the tunnel", your mate that says, "what the hell, let's go out for dinner tonight" or "what the hell let's go away for the weekend any way". That's the vibe.

It doesn't take a lot, and no, it doesn't happen overnight. It happens gradually. But we are herd-like. You see one, then another, then you want to be part of it.

If you mark this day as the start, by early December remember this day and compare it to then. You'll be surprised at the transformation.

Because I am convinced the transformation is underway. 

https://www.newstalkzb.co.nz/on-air/mike-hosking-breakfast/opinion/mikes-minute-the-vibe-of-the-economy-is-turning/

Nice Winner. Yes the Hosk is always right😉Onwards and upwards,the recovery is happening.

[Waltzing]

VIBE?

you mean all those budget apps and excel worksheets are going to be left to gather dust when the sun shines and the HEAT returns... which with global warming is ...

well NEXT WEEK!!!

who is not addicted now to budgeting and seeing how much bigger your KIWI safer can get if you stop buying all that retail junk you dont really need...

but wait your not yet wearing co pilot  in your sun glasses and it see everything your buying!!!

If you dont meet your budget goals it will shut down your vision with big projected reminders project with a 3D projector built into the smart  glasses....

no responsible AI is your next best friend and budgeting will be the next big sport!!!

with that message stay safe and stay within budget...

[Waltzing]

Right the retail shopper is ready to go by xmas

usually takes a few years for bank accounts and credit cards to repair...

took 10 years for the retail shopper to recover fully from 2008

every ten years a big event seems to disrupt markets...

well if the retail shoooooper returns to empty the wallet at xmas then its hi ho for retailers...

but lets wait and see if who was it? some bloke on a mic ... Mike H?

all perfect by xmas ...  yeah NAH...

https://www.interest.co.nz/business/129367/new-zealand-retail-sales-down-12-june-quarter-extending-two-year-downward-trend

[winner (n)]

In Australia punters are SAVING their recent tax cuts ....Westpac Survey

[LaserEyeKiwi]

Right the retail shopper is ready to go by xmas

usually takes a few years for bank accounts and credit cards to repair...

took 10 years for the retail shopper to recover fully from 2008

every ten years a big event seems to disrupt markets...

well if the retail shoooooper returns to empty the wallet at xmas then its hi ho for retailers...

but lets wait and see if who was it? some bloke on a mic ... Mike H?

all perfect by xmas ...  yeah NAH...

https://www.interest.co.nz/business/129367/new-zealand-retail-sales-down-12-june-quarter-extending-two-year-downward-trend

"took 10 years for the retail shopper to recover fully from 2008"

What do you mean by this? Pretty sure the average retail shopper was in far better shape than 2008 long before 2018...?

[Waltzing]

 did not feel like the market Sp's reached a peak  till well after 2015 and seemed to reach a high level of purchasing power in 2017-2019 perhaps reflected in the public retail spending freely and also spending up on over seas travel..

SP's of retail and travel stocks seems to reach highs 10 years after 2008.

also called the great expansion ..

[Waltzing]

Will those lower ocr rates give the purchasing power back to the shopper..

https://www.interest.co.nz/personal-finance/129324/now-interest-rates-are-officially-way-down-david-hargreaves-has-crunch-some