Lets take a look at the trajectory of futures throughout the morning here. Here you have futures going throughout the night. This is the leg lower than i am about when the testimony came out. She talked about the financial conditions of being a challenging at this point in time. She tried to walk the line between being cautious and leaving the door open to rate increases. Welooks like that is when saw the leg lower. Things are holding up relatively well. Take a look at the imap sectors on the move this morning. We have got utilities lower. They tend to fall when we get higher rates. Leaving,re is technology is leaving, financials are coming back as well p are a lot of groups have suffered in recent days and are coming back. Tech in particular because many of the Tech Companies are contributing the most to the gains we are seeing in the s p 500. Microsoft, apple, amazon. These are the beatendown names we have been watching recently, rebounding this morning. Treasuryor yields are coming
Why the transtasman income gap is larger than it appears
26 Feb, 2021 05:00 AM
13 minutes to read
The transtasman income gap is larger than it appears. Photo / Getty Images
The transtasman income gap is larger than it appears because not only do we earn less, but also we get less value for our money. What s the answer? By Professor Tim Hazledine. I teach economics at the University of Auckland. One day in late May 2009, near the nadir of the global financial crisis (GFC), I was asked to go on the student radio station to talk. I ll bet things must be pretty frantic in your shop right now, Prof, said the interviewer, dealing with the economic crisis in New Zealand and all.