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Kelvin Davidson

Kelvin Davidson

๐Ÿ‘ค Speaker
1066 total appearances

Appearances Over Time

Podcast Appearances

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I think that's it, yeah.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Gee, I can hardly remember yesterday, let alone last week.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I think the media response was okay.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I mean, you know, any sort of media reaction at the moment's

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

to depend on what else is going on at the time with with oil prices and things but um yeah yeah it always goes down pretty well people like a like a good set of charts so um it's one of our one of our more popular ones yeah absolutely yeah cool well then let's look at the uh economic data particularly the q4 gdp result which was out last week and yep noting it's a pretty big lag since q4 finished

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

yeah yeah so well i mean 0.2 pretty i mean undershot the range of expectations in advance was quite wide so um but generally it undershot some expectations i think the rbnz for example had 0.5 percent uh so

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

you know, generally on the lower side.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

There are some quirks with the numbers.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I don't fully understand it, but there's technical reasons why this might not genuinely be the number.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

The actual result could end up being a little bit higher because of sort of weightings of different sectors and they're always rebasing these things through time.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So revisions can be made.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So point two might just be a little bit softer than the real economy, the actual result.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So we could see that revised up in due course.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

But either way, still a little bit,

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

a little bit disappointing, I guess.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

I mean, farming was a strong contributor.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

Construction went backwards again.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

So, you know, there is that variability.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

It's not like everything's weak.

The NZ Property Market Podcast
Market fatigue and the stagflation shadow

There are some sectors of the economy doing okay.