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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

Dose of reality may lead to market declines

Market Outlook: Fat Prophet’s head of research Greg Smith on the week ahead.

Geraden Cann Mon, 15 Jun 2020

A dose of reality could cause a market pull-back this week, with an OECD economic outlook painting a gloomier picture on the country’s post Covid-19 recovery. 

The OECD report released last week predicted NZ’s GDP would shrink by 8.9% in 2020, above the OECD average of 7.5%, with a 10%

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Dose of reality may lead to market declines
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