2011
Our Economic Reality – Is there any order in Chaos?
Filed under: Featured, Housing Market, Musings, NZ Economy
What to make of the world and our place in it? There is so much going on which I’ve summarised in a few sound bites
Occasionally it is worth diving under the skirt of invisibility to understand the dynamics that shape our retail banks. For me, after 14 years in that system, I’m still fascinated by the competitive dynamics of retail banking. For you the reader, it can give you an insight into how banks operate as well as what we might expect from them in the future. It feels like 1998 all over again. At that time I can remember the boss stopping the paper and getting rid of the pot plants. Maybe we’re not there yet but the environment is starting to feel the same
With long-term mortgage rates dropping again, I’m musing (on a Friday night!) on who might be the better financial oracle – Pikelet the pig or one of our renowned bank economists
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November 20th 2011