Again the market foolishly priced in all the upside, all the blue sky on day one ... all on the back of some promises. |
By all means, law and order must be maintained, and this can be done by the government without declaring a state of rebellion or imposing martial law or suspending the privilege of the writ of habeas corpus. |
It does not mean the right decision will be made by investors if they focus on tax advantages rather than the best returns. |
It's just profit-takers moving in after what has been a very, very good run in the share price. |
New Zealand investors behave like a bunch of sheep, |
The government intends to render my previous petition moot and academic, |
The IBP is greatly disturbed by this move of the government because the Constitution and the rule of law cannot be twisted or manipulated to serve partisan ends. |
The market's had such a good run ... and there's a certain inevitability when you've got that kind of strength that the market is going to have to take a bit of a breather. |
There is a psychological level at which investors are going to start looking at the fixed-interest market much more aggressively, ... Psychologically, you need interest rates to be about 8 per cent. |
There is an underlying mistrust of venture capital and private equity that when they come to invest that they are looking for too much. |
There's plenty of money out there. |
Uncertainties have never been great for markets. |