
The Markets
NZ shares slide on recession risk
Tuesday 17th of May 2022
The S&P/NZX 50 Index fell 20 points, or 0.2%, to 11,137.88. Turnover was $131 million.
ASB economist Chris Tennent-Brown said investors have been becoming more and more risk averse as recession predictions, both at home and abroad, have grown.
Tennent-Brown said several factors are threatening to give the global economy a knock.
These include expectations...
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