
Market Review: June 2009 Commentary
Equity markets have rallied over recent weeks, despite the mixed performance of economies around the world. In New Zealand, the rally has been significant, accompanied by a strengthening New Zealand dollar. The latter is an unwelcome ingredient for our economy. In this month's Tyndall Comment, Peter Lynn discusses the New Zealand rally and probability of whether we have seen the bottom of the market yet. He also explains why the NZD rise is not sustainable.