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 their banking system. We expect to see dividend being cut by the major Blue Chips as they looking to cash up during these volatile times.
Market outlook for 2023 and beyond
The stock market is all about looking forward and knowing the past so you can be ahead of the curve. Bank Failures Two banks in America failed last week and there are expectations that other banks are also close. How does this happen? A simple explanation of how banks...