Tony Alexander

Economic Commentaries

The full pdf version of the Weekly Overview is contained here.

Weekly Overview 10 August 2017

Thursday August 10th 2017

We start this week’s Overview doing what everyone else is doing today which is commenting on the Reserve Bank’s decision to do nothing. But then we take a look at the way in which so many things globally and within New Zealand have turned out the complete opposite of either what was expected or what was assumed. These include Peak Oil changing to Peak Demand, the terms of trade trending up and not down, extraordinarily low interest rates being bad for young buyers rather than good (we were better off buying our first houses when rates were at 18.5%) and so on. Enjoy this departure from the usual stuff.