Housing Peaks, Plateaus and a Growing Gap

We have some market mayhem to discuss, the US payroll data printed higher than expected, sending the S&P500 down 2% in a single day. We talk about the Fed and the RBNZ and much more.The AI bubble is still propping up the US share markets, but a lot of funding is being syphoned out of other areas to feed the AI machine. When will we actually see the efficiencies and profits boom off the back of this investment?Back home we have a widening gap in house prices between the North and South. We have the Central Otago and the Lakes districts where asking prices are more than 20% higher than a year ago. While the rest of the market tracks sideways.Hosted by Jarrod Kerr and Alexandra Turcu. Follow our economic commentary & insights here.Any views or information shared in this podcast, while given in good faith, aren't necessarily the view of Kiwibank.