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.
Grow Your Wealth – Market Wrap 17/07/2020
The big issue will be unemployment currently quoted at 7.5%. Job Keeper and Job Seeker are keeping the unemployment figures under control at present. However,these programs are to be wound back at end of September, the government is looking to provide a revise...