For all the strength in the US economy, the famous “long and variable lags” of monetary policy are likely to bite at some point soon, and the equity market looks ill-prepared for what’s coming.
As the world retreats from free trade norms and into politically aligned trading blocs, the case for new, smart New Zealand companies in non-traditional areas is compelling.
Top officials were alerted to concerns around NZTA's ads as far back as April, but so far have taken a hands-off approach.
If falling house prices mean the economy is slowing, how much higher might interest rates go and how much more might the economy slow as a result?