Dose of reality may lead to market declines
Market Outlook: Fat Prophet’s head of research Greg Smith on the week ahead.
A dose of reality could cause a market pull-back this week, with an OECD economic outlook painting a gloomier picture on the country’s post Covid-19 recovery.
The OECD report released last week predicted NZ’s GDP would shrink by 8.9% in 2020, above the OECD average of 7.5%, with a 10%
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