IMF ticks US economy, says poverty an issue; US household finances much improved; Bloomberg criticises Wheeler's engagement; NZ cost of living modest; UST 10yr yield up to 1.70%; oil and gold lower; NZ$1 = 71.6 US¢, TWI-5 = 74.6

Keep calm and carry on. I still very much doubt that a Britexit will happen, since so may Brits live across Europe and the rest of the world. The last thing we want to see if the Pound plummeting.
As this could have a direct impact on our companies linked to the UK and especially those companies who have branched out to NZ from the UK.

If the Pound takes a hit in the long term, then they're highly likely to close any offshore service providers here, simply because they'll be too expensive to run with high cost from the NZD on wages and building rental.

So I think most expat Brits will more sensibly vote to remain in the EU, then risk an UK breakup.

I think he's shutting his mouth because in the past everytime he opened it he came across as either deluded, dis ingenious or just plain niave. Stating you have real concerns about this or that and then sitting on your hands waiting for a corrupt government to back you with policy is not a good approach. He needs to get far more aggressive with the bubble and government.
Play it right, act, make the government look like dicks and you a hero

Clinton said yesterday that if Trump got in power he would bankrupt the country;
What......they already owe trillions and most of their politicians are,including herself are morally bankrupt.
She also said the TTPA would be dropped and that she would renegotiate all trade treaties.
I hope she includes NAFTA,the Treaty Slick Willie was a party to,because that really screwed the Yanks.
Under Trump you can expect those factories to relocate back to the States.
He may not be everybodies choice but staying with the status quo and doing nothing is worse.

A slight exaggeration don't you think? If ANYTHING has damaged the US beyond repair, it has not been racist xenophobic people like Trump, but Hillary who is (has been for decades) one of the Wall St headline puppets, thus won't release her speech transcripts, has flip flopped on the TPP, takes money from those who help create the GFC, supports Fracking, on public record saying she would support invading Iran, supported the Bail outs, supported the illegal wars in Afghanistan and Iraq, supported the Patriot Act and continues to support the trampling of their Constitutional Rights , Bill of Rights etc.

IMHO

Trump= incompetent racist idiot but dead obvious to read, thus ...mitigate.
Clinton= total fraudulent charlatan with so many hidden agendas, thus far more dangerous, hence under criminal investigation by the State Dept she ran and FBI.

And Obama has now stepped in to make sure her security emails will not be released publicly or to media until AFTER the November elections, thus he too is again complicit with hiding facts.

Corruption and money in politics is what is f***ing the US. And that is also the fact the world over.

Be not afraid, enough people knowing this is the first step back to better outcomes. Bernie may not get the Super delegate nod, but he has got millions of Americans backing his ideals and will continue too. That to me signals people there want fundamental changes. And they do!... I can tell you, having family there who are desperately struggling to make a living in California, hence my partner is having to send them $400 USD a month so they can get through!