
Investments
Can conditions get better for NZ equities?
Friday 18th of April 2014
In the short term the New Zealand equity market might take a breather. There are signs that the market is ‘losing breadth’, although we doubt that is a robust measure to judge the outlook. Typically equity markets follow GDP growth trends, and New Zealand GDP growth remains robust. Over the medium term New Zealand equity returns have been nicely tied to GDP growth because company revenue prospe...
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