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17 Aug 2022 21:43
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  •   Home > News > Politics

    The bear comes before the storm

    The bear comes before the storm


    Bear markets, where stocks fall by at least 20 percent are rare, but often precede a recession.

    The NZX has gone down by 20 percent over the last 100 days.

    Stockfox founder David McEwen says US inflation is going to remain high -- that means the markets are going to remain low.

    He says the rest of the year is going to be choppy.

    © 2022 Newstalk ZB, NZCity

     Other Politics News
     17 Aug: Questions over whether Scott Morrison was involved in delaying release of new energy price until after election
     17 Aug: The Finance Minister says cyber security is of the utmost importance for the Reserve Bank
     16 Aug: Retail NZ has praised a proposal from Act targeting combating youth crime
     16 Aug: MPI officials are rejecting suggestions China's been banning New Zealand meat imports
     16 Aug: The NRL will wait until later in the week to make a call on which stadium will host the grand final as talks still continue with the Queensland government about a possible shift from Sydney
     16 Aug: A suggestion Gaurav Sharma could be just the tip of the iceberg for the Labour Party's employment issues
     16 Aug: Earthquake strengthening may not be the disaster many Wellington building owners should be fearing
     Top Stories

    RUGBY RUGBY
    NZR boss Mark Robinson is welcoming the elevation of Joe Schmidt's role within the All Blacks More...


    BUSINESS BUSINESS
    The biggest jump in median weekly earnings since records began ... haven't closed the gender pay gap More...



     Today's News

    Christchurch:
    Cars at a scrap metal yard in Christchurch have gone up in flames 21:19

    Entertainment:
    Nicholas Evans, the much-loved writer of 'The Horse Whisperer', is dead aged 72 after suffering a heart attack 21:12

    Living & Travel:
    The Loop: Scott Morrison dismisses calls to resign, the NSW flood inquiry's urgent recommendations, and a dog's amazing cave rescue 21:09

    Entertainment:
    Johnny Depp is set to direct his first film in 25 years, about an artist who died broke 20:42

    Entertainment:
    The Duke and Duchess of Cambridge will reportedly not have their long standing live-in nanny at their new downsized home 20:12

    Entertainment:
    Anne Heche will receive an Honour Walk after being taken off life support nine days after she was critically injured in a fiery car crash 19:42

    Entertainment:
    Hollywood legend Gina Lollobrigida will run for Senate in Italy's election next month 19:12

    Rugby:
    NZR boss Mark Robinson is welcoming the elevation of Joe Schmidt's role within the All Blacks 18:59

    Entertainment:
    The Duke and Duchess of Cambridge's imminent move to Adelaide Cottage on the Windsor Estate means they won't have room for their "live-in nanny" 18:42

    Soccer:
    The new format for Australia's top knockout football competition is providing challenges - and rewards - for the Wellington Phoenix 18:39


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