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15 Aug 2022 19:02
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  •   Home > News > Business

    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 Business News
     15 Aug: Restaurants say the commission charged for food delivery can make it impossible to turn a profit
     15 Aug: New Zealand's avocado growers are remaining upbeat, despite predictions the industry could take a hit
     15 Aug: Uber generated 1.2-billion dollars in economic value for New Zealand last year
     15 Aug: NZ Rugby boss defends lack of certainty about All Blacks coach's future
     14 Aug: A warning to Kiwi investors about the dangers of misleading cryptocurrency offers
     14 Aug: Despite ongoing lockdowns, China's demand for beef is expect to stay strong for the rest of the year
     13 Aug: A milestone birthday for our Interislander ferry service
     Top Stories

    RUGBY RUGBY
    All Blacks captain Sam Cane's preparing for a week of uncertainty upon arrival home following their one win one loss tour of South Africa More...


    BUSINESS BUSINESS
    Restaurants say the commission charged for food delivery can make it impossible to turn a profit More...



     Today's News

    Entertainment:
    Jon Batiste is leaving 'The Late Show' 18:42

    Politics:
    Jacinda Ardern won't say whether more than two Labour Party employment matters are under scrutiny 18:39

    Entertainment:
    Britney Spears' attorney has accused her ex Kevin Federline of violating "the privacy and dignity of the mother of his children" 18:12

    Cricket:
    The Black Caps aren't getting ahead of themselves with the Twenty20 World Cup looming large, in Australia in October 18:09

    Motoring:
    Australia is in the middle of a cost of living crisis but we’re not the only ones. Here’s what inflation looks like around the world 17:49

    Entertainment:
    Ricki Lake has made her hair transformation public after battling androgenetic alopecia for most of her life 17:42

    Rugby League:
    The Newcastle NRL club's confirmed an investigation around the actions of captain Kalyn Ponga, who was caught on camera being escorted out of a pub toilet on the weekend with a teammate 17:29

    Entertainment:
    Shawn Mendes is reportedly looking for love on celebrity dating app Raya 17:12

    Law and Order:
    Invercargill Police are appealing for information - about a man critically injured after being stabbed in his home 16:49

    Entertainment:
    Lisa Kudrow says Jerry Seinfeld took credit for the success of 'Friends' as it aired after Seinfeld re-runs 16:42


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