Cameron Bagrie
Cameron Bagrie
dollar implicit message needs
The implicit message is that the U.S. dollar needs to go down.
close improve
It is probably close to its nadir but it will improve only slowly.
economy employment export intentions profit risen
While the economy is down, it is not out for the count. Employment and profit expectations have risen and export intentions are at a four-year high.
economy entering five growth levels pressure required stellar
Such levels have typically coincided with a short-term contraction. After five years of stellar growth, the economy is now entering a more sedate growth phase, as is required to alleviate pressure on resources.
business confidence decline months past seen
The decline in business confidence seen over past months has been arrested.
giving housing market risk strike
He doesn't want to see lightening strike twice, and risk giving the housing market another wind.
appear delivering message monetary policy problem stance warning
He's delivering a warning shot. The message is that they don't appear to see any problem with having monetary policy in a restrictive stance for some time.
country mile
When it goes, it is going to go a country mile pretty quickly.
release
There in something in today's release for everyone.
country default demand dollar fall investment turn yield zealand
There's not a lot of investment opportunities out there, so yield is still the default play for the market. But when the New Zealand dollar turns, it will turn aggressively, and if we don't get yield demand it will fall by a country mile.
difficult economy midst
Is the economy in the midst of a recession? We find this difficult to believe.
anchored ensuring inflation primary profile remain require reserve risk talk
The risk profile for inflation is just too significant to ignore. Ensuring inflation expectations remain anchored will be the Reserve Bank's primary aim, and this will require the talk to remain tough.
inflation profile risk
The risk profile for inflation is just too significant to ignore.
call clark early good hurry proven
Clark and Cullen have proven they are good at making governments work. No one will be in a hurry to call an early election.