Grow Your Wealth – Market Wrap – 22/05/2020

The market this week found support around 5200 after falling at the start of the week. We are looking beyond COVID 19 and focusing on the economy and how the government will fund the stimulus package. What is clear is that interest rate will stay low for years while...

Another mixed week with the market closing up slightly. Most of the gains were made on Friday, given that the futures were barely positive as the start of the day I would contribute these gains to the news that we could see restrictions from COVID 19, start to be...

Going into the Easter break we expected that the market to close down as investor sit on the sideline over the Easter break.Instead it continued to hold around current levels. The banks came under fire as New Zealand put in place measure to ensure better liquidity in...