Earnings season: longing for those green shoots

Earnings season: longing for those green shoots
Only the most hardy optimist will find many green shoots in the upcoming earnings season. (Image: Deposit Photos)
Paul McBeth
A couple of years after the global financial crisis, economists and company executives liked to talk a lot about 'green shoots'.Those were the signs of recovery they were seeking as they tried to revive optimism that life was getting back to normal.Don’t expect to hear any of that talk in the current earnings season.The trans-Tasman outbreak of omicron has everyone on edge about whether they’ll be able to juggle the increasing number of balls being thrown their way.Sure, the domestic economy is still chugging along at a rapi...

More Markets

NZ sharemarket falls due to global inflation fears
Markets Market close

NZ sharemarket falls due to global inflation fears

The S&P/NZX 50 Index closed at 11,867.58, down 89.92 points or 0.75%.

Graham Skellern 01 May 2024
Michael Hill buffs up security as robbery costs climb
Retail

Michael Hill buffs up security as robbery costs climb

The jeweller has invested in new smash-proof assault glass and fog cannons.

Gregor Thompson 01 May 2024
John Penno quits Synlait board as George Adams elected chair
Primary Sector

John Penno quits Synlait board as George Adams elected chair

Synlait Milk co-founder John Penno has quit the company’s board, and George Adams has taken over as chair.The debt-laden milk processor told the New Zealand stock exchange (NZX) on Wednesday that Adams, who joined the board in March as an independent director, would take over fro...

Riley Kennedy 01 May 2024
David Mair to start immediately at Sanford
Markets

David Mair to start immediately at Sanford

Sanford says its delighted and fortunate to nab former Skellerup boss Mair.