Five things that will NOT happen in the next 6 months (Final): Part III - The Kiwi, a flightless bird.
Today we upload the last of our forecasts, keeping it close to home and focusing on the New Zealand dollar. Our final forecast is: THE KIWI WILL NOT OUTPERFORM THE AUSSIE. Things had been going along well there as milk prices stayed relatively high and housing boomed along with the economy. But in 2015, New Zealand has been pulled into the global commodity sell off, with its major export, milk, down 30% this year. New Zealand is now likely to make more interest rate cuts than Australia over the next year and this will keep up the pressure on the New Zealand dollar. For full details please follow the (VIEW LINK)
Welcome to Livewire, Australia’s most trusted source of investment insights and analysis.
To continue reading this wire and get unlimited access to Livewire, join for free now and become a more informed and confident investor.
Chad co-founded Morphic Asset Management in 2012. As a stock picker Chad is also a generalist but has strong regional knowledge of Europe and the Americas. He has also been awarded the CFA Charter.
Please sign in to comment on this wire.