Election result a damp squib for NZ sharemarket
ANALYSIS: A new government does not meaningfully change the prevailing fundamentals for most companies.
Investing to benefit from political events is notoriously difficult.
With the side show of the election all but over, astute investors will remain focused on companies that can continue to perform through a tough economic environment.
The aftermath of the New Zealand election is yet another reminder of the distraction that politics can be for investors.
The litmus
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