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Terms of trade peaks – what it means

A terms of trade lift is excellent news: New Zealand should save and invest as much of the resultant lift in incomes  as possible, rather than spend it

Fri, 02 Jun 2017
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Economic records seldom tumble, and when they do it is usually the bad ones.

You know: highest debt, largest deficits etc.

Or they're ones we're ambivalent about: house prices being the best example.

Now, few people get excited about the terms of trade. (More fool them, I say).

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Terms of trade peaks – what it means
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