Take a Paws, page-35844

  1. 25,824 Posts.
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    Bit of action round the traps today shoppers.

    RBNZ cuts rates by a surprise 25bps, they even talked about 50bps, this is after last time where they was confidently holding so i don't know what data they are looking at but seems a bit bold especially when the FED hasn't cut yet, my gut feeling is they might have been spooked by something recently as not many economists were expecting a cut and it smashed the NZ$ -1%, however gut feelings are just a stab in the dark of course.

    Japan PM quits, C'mon Albo follow the lead Lol.

    Starlink smashing the NBN in the bush, Starlink much better product.

    Goldman chart suggest US recession odds rising, currently 41% chance up from 29% in April.

    https://hotcopper.com.au/data/attachments/6381/6381749-84d27cb4ca7cf251c952b8303e801606.jpg
 
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