by Warren Head | Mar 25, 2023 | Featured, Market Commentary
25.3.23 Warren Head // A fortnight of turmoil in the far corners of the banking system has been triggered by the possible consequences of even higher interest rates for the banking system. Yet the determination of central banks not to blink now in the face of...
by Warren Head | Mar 23, 2023 | Featured, Latest News
23.3.23 A combination of rising costs and trimmed margins has been a tough mixture for The Warehouse Group in the January 29 half-year. While group sales of $1.813 billion are up 4.8% compared to FY22 half year, the bottom line reported net profit dropped 60.9% to...
by Warren Head | Mar 23, 2023 | Economy, Featured, Free, Latest News
The US Federal Reserve’s Federal Open Markets Committee has stayed on course in its anti-inflation strategy – despite recent turmoil in the edges of the American banking sector - and raised the target range for the federal funds rate to 4-3/4 to 5% “Recent indicators...
by Warren Head | Mar 22, 2023 | Economy, Featured, Latest News
22.3.23 (9.20am) Westpac McDermott Miller Consumer Confidence, March quarter 2023 The mood among New Zealand households remains grim, although the Westpac McDermott Miller Consumer Confidence Index which rose 2.1 points to 77.7 in March. That is being regarded as a...
by Warren Head | Mar 19, 2023 | Featured, Market Commentary
// Warren Head //18.3.23 UPDATED Investors in the NZ equities market are showing a night watchman’s determination to remain positive at the crease despite a deteriorating wicket. The economic portents arising from the new GDP data and current account deficit have been...
by Warren Head | Mar 16, 2023 | Featured, Latest News
Pushpay Holdings has been able to upgrade the terms of the Scheme Implementation Agreement with Pegasus BidCo Ltd, including an increased bid price. It has also secured the support of its key institutional shareholders for the new scheme Under the amended SIA,...