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Topic # 205347 9-Nov-2016 18:16
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In simple terms, what does that mean for us in NZ?

Cheaper goods from America?


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  Reply # 1666769 9-Nov-2016 18:20
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You assume we will still be allowed to trade goods with America...


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  Reply # 1666770 9-Nov-2016 18:20
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Depends on our dollar. Likely more expensive.





Swype on iOS is detrimental to accurate typing. Apologies in advance.


 
 
 
 




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  Reply # 1666771 9-Nov-2016 18:22
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Oblivian:

You assume we will still be allowed to trade goods with America...



Ehh good point.

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  Reply # 1666772 9-Nov-2016 18:22
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In terms of markets, they talk about ups and downs. What goes up must come down, and what is down can not fall any lower. Give it time and it will settle. Unless Trump starts WWIII, but Trump like money, although he also has a big mouth, but he has big guns ... so ... who knows.





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  Reply # 1666773 9-Nov-2016 18:23
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Will be interesting to see if the OCR is dropped, which I thought was tomorrow. They often do it to weaken the NZ dollar. The sharemarket will be badly affected I think. The NZ market already dropped a lot today, as it looked like trump was President, and it also dropped at Brexit.


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  Reply # 1666774 9-Nov-2016 18:31
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Dollar isn't as volatile.. yet. Slight variation of the xx00 kind

 

http://www.xe.com/currencycharts/?from=NZD&to=USD&view=1D


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  Reply # 1666825 9-Nov-2016 19:29
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With Trade being the single most important thing for NZ...Trump will mean trouble....TPP is dead.

 

Trump is isolationalist in his policies so that will affect NZ. Australia wont be as badly affected as they have minerals and in fact do have a free trade agreement in place.

 

This will be very tough for NZ...

 

 

 

Remember this man doesnt believe in global warming either so is extremely self centred in every possible way.


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  Reply # 1666832 9-Nov-2016 19:37
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There will be an initial over reaction like Brexit then a correction to sanity, well as sane as the financial markets and the demented reef fish can be.




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  Reply # 1666863 9-Nov-2016 20:42
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Agree...

Like I did for Brexit,I'm Gonna top off my US$ account in OneCard for my Christmas hols trip and sit pretty awaiting its bounceback to pat my back and enjoy a slightly better buying power when we travel around and through LA for a fortnight 👍

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  Reply # 1666910 9-Nov-2016 21:38
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PhantomNVD: Agree...

Like I did for Brexit,I'm Gonna top off my US$ account in OneCard for my Christmas hols trip and sit pretty awaiting its bounceback to pat my back and enjoy a slightly better buying power when we travel around and through LA for a fortnight 👍


So long as you don't look Mexican.




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  Reply # 1666997 9-Nov-2016 22:38
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I think that there will be much bigger ramifications for the rest of the world than there will be for the US.

 

 

 

There is a lot of protection within the US for its citizens, they can tie up a lot of his ideas just by claiming/declaring its unconstitutional, the rest of the world on the other hand is not protected at all and has to stand up to the most powerful country in the world on their own. I think the EU, UN etc might be in for a busy time.


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  Reply # 1667002 9-Nov-2016 22:44
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There's been a bit of a recovery from the initial steep slump triggered when it looked like Trump had a chance, then worsening as it started to look inevitable.  That's kind of expected - sell on the rumour stuff.

 

Trump's speech was less inflammatory than it could have been, so that's been a bit calming.

 

The problem isn't now though - it's what happens over coming months,  Trump's made all kinds of headline claims about what he's going to do, some of them would spell disaster, some the figures just don't add up. Lord knows.  Small things can trigger major events.  The Chinese will_not_be_happy.

 

My guess longer term, the "establishment" in the US will win, controlling Trump and forcing winding back on his outrageous promises.  The biggest losers will be the Trump voters who elected him based on his lies.  The rich and the establishment will continue to prosper.


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  Reply # 1667007 9-Nov-2016 22:57
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Fred99:

 

There's been a bit of a recovery from the initial steep slump triggered when it looked like Trump had a chance, then worsening as it started to look inevitable.  That's kind of expected - sell on the rumour stuff.

 

Trump's speech was less inflammatory than it could have been, so that's been a bit calming.

 

The problem isn't now though - it's what happens over coming months,  Trump's made all kinds of headline claims about what he's going to do, some of them would spell disaster, some the figures just don't add up. Lord knows.  Small things can trigger major events.  The Chinese will_not_be_happy.

 

My guess longer term, the "establishment" in the US will win, controlling Trump and forcing winding back on his outrageous promises.  The biggest losers will be the Trump voters who elected him based on his lies.  The rich and the establishment will continue to prosper.

 

 

All the stuff he said he wants to do are illegal or not practical.

 

The other half of the stuff he said were ramblings, fabrication and provocation.

 

The real stuff he's going to make it up as he goes.





Swype on iOS is detrimental to accurate typing. Apologies in advance.


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  Reply # 1667008 9-Nov-2016 22:57
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 The rich and the establishment will continue to prosper.

 

 

As sure as eggs is eggs


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  Reply # 1667084 10-Nov-2016 07:31
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joker97:

 

Fred99:

 

There's been a bit of a recovery from the initial steep slump triggered when it looked like Trump had a chance, then worsening as it started to look inevitable.  That's kind of expected - sell on the rumour stuff.

 

Trump's speech was less inflammatory than it could have been, so that's been a bit calming.

 

The problem isn't now though - it's what happens over coming months,  Trump's made all kinds of headline claims about what he's going to do, some of them would spell disaster, some the figures just don't add up. Lord knows.  Small things can trigger major events.  The Chinese will_not_be_happy.

 

My guess longer term, the "establishment" in the US will win, controlling Trump and forcing winding back on his outrageous promises.  The biggest losers will be the Trump voters who elected him based on his lies.  The rich and the establishment will continue to prosper.

 

 

All the stuff he said he wants to do are illegal or not practical.

 

The other half of the stuff he said were ramblings, fabrication and provocation.

 

The real stuff he's going to make it up as he goes.

 

 

And massively uneconomical. 


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