The end of the National Party?

Sat, 24 Oct 2020

There are several similarities between stocks and political parties, particularly when they experience major declines in support.When a listed company has a significant setback, investors have to decide whether the setback is cyclical or permanent. For example, investors had to determine whether problems at The Warehouse Group and Pumpkin Patch were temporary or set in stone, and whether profit downturns at Cavalier and Feltex were short-term or indicated serious long-term problems.Similar questions need to be asked about the National Party aft...

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