Stream of Consciousness Week 22nd February 2021

Stream of consciousness and other personal thoughts garnered throughout the week and which will be added to as the week rolls on. These thoughts are unrefined, unquantified, unverified, and raw. Any of these may be either be edited, deleted or otherwise spawn out into its own separate post…

  • Bond rates going up and financial markets starting to be pushed downwards. Keeping an eye on events.
  • Periodic lockdowns (in-spite of any Vaccination drive) could be a fixture for the foreseeable future in Auckland and possibly other populous centres as well. Thinking I will move forward with permanently relocating away from Auckland rather than wait for my employer to advise whether we will be coming back In to the office. As unpopular this view may be, I will admit I’ve now become tired of lockdowns and the disruption that they cause. The plan to move away from Auckland has been on the cards for years already (and before COVID-19)

Older Stream of Consciousness thoughts can be found here.

 

Stream of Consciousness Week 22nd February 2021

Stream of Consciousness Week 15th February 2021

Stream of consciousness and other personal thoughts garnered throughout the week and which will be added to as the week rolls on. These thoughts are unrefined, unquantified, unverified, and raw. Any of these may be either be edited, deleted or otherwise spawn out into its own separate post…

  • Economic warning Flags present: That everyone now think that the only way for house prices to go is up is a big caution flag, compounded by more and more people ‘resigning’ themselves that house prices can only go up. People I feel have maybe become too comfortable with this concept of home prices never correcting. Have now put a brake on any plans to buy another property pending the whole situation becoming clearer. Again, it’s possible we may “miss out”, but the object here is to control risk.
  • In addition to the above observation, Famine and food shortages I still feel poses a high longer term risk and is something that I believe will unseat the global economy should panic sets in. How best to mitigate this, I still don’t yet know. A question also revolves around whether or not food shortages and subsequent inflation of food prices may cause central banks to reign in their money printing programs and cause asset prices (such as houses) to crash in value relative to cash.

Older Stream of Consciousness thoughts can be found here.

 

Stream of Consciousness Week 15th February 2021

Stream of Consciousness Week 8th February 2021

Stream of consciousness and other personal thoughts garnered throughout the week and which will be added to as the week rolls on. These thoughts are unrefined, unquantified, unverified, and raw. Any of these may be either be edited, deleted or otherwise spawn out into its own separate post…

  • The Old adage of “when taxi drivers start talking about their gains in property and shares, it’s time to sell” has fallen on it’s sword. I still recall a Taxi driver who was taking me to the airport talking about her investment gains back in 2015. It’s now 2021 and the markets are still booming. I’m still of the opinion in broad general terms that economics as a discipline has very little relevance or credibility.
  • I am still going hiking, but predominantly only to maintain fitness. Much of the scenery is very similar between certain hikes and consequently I am only posting the occasional gallery now when there is something substantially new to show. I’m also no longer particularly keen just to hike trails for the sake of ticking them off (That Buzz is gone).
  • While I acknowledge the Government has done well with managing and mitigating COVID-19, I am still perplexed at why the government is refusing to do anything about housing affordability and housing in general. I’m also perplexed at why more people aren’t piping up to hold this government to account and grilling them over this unfulfilled pledge of theirs. I would say acting on this would actually assist in improving our country’s net mental health. Houses were supposed to be homes for people to live in, they were never meant to be instruments of rampant financial speculation, especially not one that is seemingly wilfully encouraged of by this government.

Older Stream of Consciousness thoughts can be found here.

Stream of Consciousness Week 8th February 2021