Kiwi Malaise: Can We Get Out of It?

Kiwi Malaise: Can We Get Out of It?

Over 10 years ago, I invested about $15,000 in Spark [NZX:SPK] shares. Today, that’s worth around $11,000.   Source: Google Finance   It has paid decent dividends over the years. But this investment feels beached. Worse, the malaise feels like the wider New Zealand economy right now. In 2024, our real GDP shrank 0.2% (for the year ending 30 June 2024). Meanwhile, the US grew 2.8% on a real GDP basis. Since the beginning of this year, the NZX 50 …