New Zealand BusinessNZ Performance of Services Index fell from 42.6 to 40.2 in June, marking the lowest level for the sector outside a COVID lockdown month since the survey began in 2007. BusinessNZ chief executive Kirk Hope noted that after a poor May result, June’s figures “simply got worse”. Activity/Sales dropped to 35.6 and New […]
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Many investors feel that the safest long-term bet is to invest in an S&P 500index fund like the SPDR S&P 500 ETF (SPY). To put it in perspective, SPY has gained almost 70% in the Read more…
For Federal Reserve policymakers, the Iran War creates a familiar but uncomfortable dilemma: inflation risks driven by energy shocks at the same time economic growth may be weakening. If oil prices remain elevated and supply Read more…