Daily review 03/11/2022

Written By: - Date published: 5:30 pm, November 3rd, 2022 - 9 comments
Categories: Daily review - Tags:

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

9 comments on “Daily review 03/11/2022 ”

  1. Muttonbird 1

    "Pretty Legal" ft. the National Party.

    National caught stealing IP again. It shows they pay only lip service to property rights when it suits them. Artists and creators don’t count.

    Chris Luxton apparently called Jong Kee to find out what to say. Turns out he's, "pretty relaxed about it".

    https://www.newshub.co.nz/home/politics/2022/11/national-pulls-instagram-video-over-katy-perry-copyright-issues.html

    • Shanreagh 1.1

      Good grief!

      Slow learners

      or

      paid up subscribers to the BAU cult 'if you keep doing the things you've always done you'll get the result you always get' or not learning from history, and a number of other sayings.

  2. Poission 3

    Following the US fed announcement he was asked incorrectly that the markets had responded with lifts on dovish tones.In response he delivered in two minutes (described as hawkish greatest hits) 3 bombshells to remove all doubt.

    Good analysis here.

    https://twitter.com/MacroAlf/status/1587909491961769986

    As analysis moves through markets the US$ appreciates (kiwi down 1.5%) as short end US bonds rise to 4.7%. (around what the NZ wholesale rates closed at after rising around 20 points) BOE statement to come,and inflation is now the only game in town as US polls suggest that the democrats have lost the suburbs.

    • Ad 3.1

      Austerity now enforced by Federal Reserve.

      Little choice now for our RB in 2 weeks.

      Consigns hundreds of millions to a wretched Christmas, and beyond.

      This will likely do to Labour here what it is doing to the US Dems: kill them off.

      • Poission 3.2.1

        The Impact in the US,is the switch from growth stocks,to value stocks (those that are profitable ie have positive net earnings) The low interest rates and increased liquidity from QE meant too much money chasing too few assets,and the appreciation of sectors such as bitcoin,or tech stocks that have never made a profit.

        • pat 3.2.1.1

          I dont view it that way…I see it as far more systemic…the money men see the lack of opportunity/ growth (increased risk) and have pulled back into surety (or the closest thing)…what is fuelling the speculation in the crypto and equities is retail ignorance…the smart money is running for cover.

          Ultimately it will make no difference (in aggregate)

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