Why the US share market is so strong this year

Why the US share market is so strong this year
Consumers in the United States can still afford to buy non-essential items. (Image: Unsplash)
Warren Couillault
In the investment world, we all watch the Standard and Poor's 500 index, a well-known measure of US corporations and the US share market known simply as the S&P 500. So far this year, it's up more than 15% – not too shabby. The New Zealand dollar has depreciated around 7% and can now buy just 59 US cents. So, if you had some of your investments in the US share market this year, they would have gone up more than 20%, measured in NZ dollars – again, not too bad. Compare that to the S&P/NZX 50 index,...

More Opinion

Nike. Are they doing it?
Opinion

Simon Robertson: Nike. Are they doing it?

Business models are incredibly important. Nike’s is flaying.

How to manage a commercial leasing dispute
Opinion

Georgina Toomey: How to manage a commercial leasing dispute

Relationships between tenants and landlords can sour. 

Georgina Toomey 25 Jul 2024
Black Swan digital disasters are looming
Opinion

Peter Griffin: Black Swan digital disasters are looming

We can learn much from the Crowdstrike outage about living with concentrated tech.

Peter Griffin 25 Jul 2024
KiwiSaver funds inch ahead
Opinion

David Chaplin: KiwiSaver funds inch ahead

Little separated the variety of KiwiSaver funds in the past quarter. 

David Chaplin 24 Jul 2024