More strong results expected despite extended lockdown and delayed OCR rise
Market Outlook: Craigs Investment Partners’ private wealth research head Mark Lister on the week ahead.
Will Mace Mon, 23 Aug 2021
The latest Covid-19 lockdown has struck in the middle of reporting season but the local market has avoided the jitters this time, even with the Reserve Bank delaying an expected OCR rise.
Pundits had expected the OCR to rise 0.5% from its current 0.25% level but, after the community cases were
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