Category: Economy
Use or Lose It: Why Now’s the Best Time to Upskill Your Wealth Management
Perhaps you might think that you’re past this point in life…Your career is over…And you’re ready to put things on autopilot…But I think that would be a fatal mistake.
This Could Be Worse Than 1929
The stock market may have resumed its selloff sooner than we expected.The Dow fell 660 points after Apple announced weak sales — mostly in China.
How to Succeed in the Reversal of Globalisation
Process driven and highly repetitive jobs could disappear in your life time. It won’t all happen overnight. But in time, automation and robotics will take over a lot of these jobs.
An Exotic Hello from Cambodia: A Rising Asian Tiger
From an economist’s perspective, this emerging economy is on a remarkable trajectory…outclassing cruisers like China or India.
What We Learned From 2018…
After a week at the family farm, we had come back to the city for New Year’s Eve. But hardly had the new year begun when the echoes of the old year filled the streets and alleyways.
Why You Should Buy Local Shares…
A local strategy is usually one that dominates over time. And as we move to a localised world, I think these locally dominant companies are the ones that will benefit.
Financial IQ: Why Kiwis Are Drowning Without It
In the Standard and Poor’s Global Financial Literacy Survey, New Zealand was placed 11th in the world for financial literacy, with 61% passing the test. That still leaves a lot of room for improvement.
New Zealand’s Weird Economy and Why It’s Doomed to Fail
New Zealand’s economy has me scratching my head. As our peers have developed straight through the commercial, industrial and post-industrial stages, NZ has managed to hold on to an agricultural society.
Going, Going, Gone: The 2019 Rapid-Fire Investment Spurt
There’s an interesting trend happening before our eyes…one apparent across nearly all industries…and it’s probably not good for you. It’s the ‘spurt’ world we now live in.
What Trump and Powell Do Next…
Well, we were wrong. We figured the Fed would pause now. Instead, it went ahead with its rate hike and suggested it would pause in 2019.
Why Cannabis Could Be Recession Proof
Cannabis investing is a speculative play. Yet while usually in a recession speculative plays don’t do well because money is scarce, we think cannabis could be different.
No Matter What the Fed Does, We All Lose
We were waiting for the big Fed announcement on a rate hike. But what happened? No trumpets. No bells. No heralds. None came.
It’s All a Gigantic Monopoly Game
If you have ever played Monopoly, you have probably noticed two things. The game can be really long and the banker — who pretty much controls the game — can never run out of money.
Could This be the Next Economic ‘Fat Tail’ Event?
Here at Money Morning New Zealand, we watch out for both positive and negative black-swan events…because we believe they can seriously affect your wealth.
The Fed Has the Shakes
Central banks have no economic magic. No financial panaceas. No money miracles. They can’t really make an economy run better.