It is interesting to reflect on the difference between the 2003 Gulf War and the current Iran war on the impact of oil flow through the Strait of Hormuz and the potential impact on share markets. The Strait of Hormuz has long been one of the most important chokepoints...
While there was a surge in house prices between 2020-2022 (the Covid years) prices have fallen back. Prices peaked in 2022. In Wellington over the last 3 years house prices on average have fallen back 24%. Auckland is down 2%, Christchurch increased slightly. Why...
Signs Pointing to a Bubble There are growing concerns that parts of the AI market may be in a bubble. Valuations of AI-related companies have risen sharply, often well ahead of current earnings or proven business models. At the same time, trillions of dollars are...
