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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Analysis
4 mins to read

NZ markets need proof of productivity before reacting

Economy Matters: John McDermott probes the link between productivity and share investment.

Stock markets generally go up because productivity typically goes up. Economies over long periods grow and become better and more efficient places to live. If that ever turns out to be wrong, we probably will have more to worry about than stock market prices.

From a theoretical perspective,

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John McDermott Tue, 16 Feb 2021
Contact the Writer: john.mcdermott@motu.org.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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NZ markets need proof of productivity before reacting
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