So, what? You're saying we're in for another 2022? Hasn't the world been slowly digging itself out of that slump this year? This is getting ridiculous. Reduced spending isn't going to fix anything or help anyone. Keep taking risks, invest in big name companies you can trust and have a good track record. If you want that new car or phone that you've been eyeing up go out and buy it, just make sure you can pay it all off if you don't have the cash upfront. That's sort of thinking and spending is what will get us out of this. Has done in the past.

I don't know how anyone is making money on a stock market at the moment. Everything is up one month and then the next they are all in the - net profit range. Day trading is far too risky and buying high yield dividend stocks to make any sort of profit is extremely expensive. Most don't have the money or courage to take such risks. In my opinion the stock market in its current state is an absolute joke and I advise anyone to stay away from it for at least the next two years.

I wouldn't trust the American stock market at all at the moment. Hell, I wouldn't trust most  not with banks going bankrupt. The economy is just far too volatile and you stand a greater chance of losing money than making it as of now. Unless you want to incorporate a dollar cost averaging strategy you ain't getting nowhere fast.

"Correction." Translation: a lot of people are going to lose a lot of money. Might be time to put my money into an interest account.

Everything is burning.

Since it's already happening, I would say yes.

It seems like a lot of people have been selling assets at a loss lately. Personally I'm putting most of my money into low cost high yield dividend stocks until the market balances out, and that could take 5 or 10 years.

I bet the same people that complained about Jacinda will complain about Chris as well, there's just no making them happy.

Absolutely heartbreaking. Everyone will have a different opinion on how they felt about her and how she did her job but she did her best and I respect her for that, she was certainly a lot better than John Key's.

How do you know those stocks are poised for a rebound? Unless you have insider knowledge it's all just speculation. The stock market is still far too volatile for such things.

I often wonder that if the stock market is so fragile that when one person says something to cause a company to collapse if it's really worth while investing in the first place.

Since AI is taking off I would say semiconductor technology is good at the moment. Cloud-based services, too. Energy and oil is down but minerals and gold is up.

Since banks are going bankrupt at the moment it's probably for the best. I imagine most don't reinvest dividends.

More accurately no stock is safe in 2023.

I wouldn't be caught dead investing in banks at the moment after SVB and First Republic Bank fell off the cliff. Maybe when the world is not trying to tear itself to pieces, but it's not a safe beat now.