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NZ sharemarket trailed in Q2 but good longer term

Monday 24th of July 2023
In each of the last three quarters the global equity markets rose 7% - despite high inflation, tight monetary policy, ongoing war between Russia and Ukraine and rising tensions between China and the west.
It has been a narrow rally - with the seven biggest US stocks (predominantly tech) accounting for most of the rise in the S&P 500 in the last quarter. This reflects the current man...
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