Final BNZ Weekly Overview 2010, 16 December

Welcome to the last Weekly Overview for 2010. The next issue will appear in the middle of January. Merry Christmas to everyone and many thanks to those who have responded to our survey during the year and given feedback on the things they are seeing in the economy.

This week, rather than produce a normal WO broken down into the usual sections we have decided to have simply the front section with a long article looking at things we think are useful to keep in mind as 2011 progresses. For those looking for certainty we say forget it. These are the most volatile and uncertain times many people in business will have ever seen and we see no reason at all for believing that 2011 will be any less up and down or uncertain than this year, last year, 2008, and even 2007 when we were wondering when tightening NZ monetary policy would finally achieve its goal of stopping rampant housing and retailing markets.

ENDS

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