Benign outlook for markets after turbocharged 2019

Benign outlook for markets after turbocharged 2019
Paul McBeth
New Zealand’s stock market isn’t expected to repeat the stonking return of 2019, but low interest rates and a benign economic environment should be enough to keep things ticking over this year.The S&P/NZX50 Index notched up a 30.4 percent gain in 2019, its biggest since the measure was launched in 2003, due largely to central banks cutting interest rates and some mulling the introduction of more unorthodox responses to maintain growth.Limited returns in fixed interest securities encouraged investors to take on equity risk and the likes of N...

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