6 Quotes by Tim Hayes

The fact that New Zealand is a natural resource-based economy, and not a service-oriented economy, has allowed the market to benefit from rising world commodity prices and also has insulated it from the global economy.

I think we're in a bottoming process so we'll see the market back and fill a little bit.

We still have quite a bit of pessimism right now. That's conducive to further rallying.

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What's going to get it really moving on the upside? A lot of the factors that would get things moving have already occurred. Now we're vulnerable to disappointment.

Inflation is not something you can put back in the bottle very easily. Rising interest rates and inflation would affect corporate profits and make valuations look overdone and stocks look expensive.