@Mick_Peel Fortune favours fortune...
23/10/2017 5:31 AM
RT @EvonomicsMag: "Reducing taxes on the very wealthiest on the idea that they are 'job creators' is folly. Jobs are the consequence of an…
22/10/2017 9:04 PM
RT @tonywestonuk: The lie at the root of all our troubles that many left leading socialists *still* believe. The truth is the exact opposit…
22/10/2017 8:58 PM
RT @EricRWeinstein: At #inet2017, Trump/Brexit is making it all but impossible to deny 40yrs of bankrupt orthodox Economics as facilitating…
22/10/2017 8:27 AM
@JanetYellenBlog @Mick_Peel Really - well bugger me....
22/10/2017 8:08 AM
RT @OECD: "People should be at the centre of policies" - #ChampionMayors commit to #Seoul Implementation Agenda https://t.co/7OUNmAZCON (PD…
21/10/2017 12:49 AM
@GaneshAhirao You are right - courage to confront the doomsayers is key.
21/10/2017 12:46 AM
@GaneshAhirao @NZMorningReport Worries always overblown - take currency range over past year last days = nothing si… https://t.co/7SOCTB8oMR
21/10/2017 12:44 AM
RT @stujanderson: Amazing how few understand this. Nothing suddenly happened to supply 20 yrs ago - but lenders did start dishing out 7 x e…
16/10/2017 11:04 PM
RT @spexyone: Are you of a certain age ? https://t.co/lVlkwuH5jD
16/10/2017 9:22 AM
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5
FEB 10

Dollar Down - for how long?




The dollar is down a bit, who knows why? All sorts of comments on risk, northern hemisphere sovereign debt defaults, civil unrest in Greece and the like. Correlation are not causation - but our exporters suffer. 

Not time to get too excited, not a single exporter will place any new bets on the strength of this. Yes, they will take the extra margin if they can but they well know that polices that expose the exchange rate to interest spreads and feelings elsewhere are poison to those that trade in the real economy.


Until the policy framework changes to provide better stability for the traded economy, investment is on hold. Don’t ask how many jobs have been lost better to ask how many never came into existence.


By way of example, one major manufacturer’s investment in equipment was on installation showcased by the supplier as the “best” in the world, now it is showcased as the “oldest” in the world


tags: investment, dollar, jobs
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