Australian based sub[standard]-editors strike again at the Herald, this time playing the stock market with their ignorance.
The Headline: “Oz stock markets a good bet“
The content: NZ funds manager says both Australia AND New Zealand offer well positioned companies:
“Local stocks look good in this environment. New Zealand and Australian stocks provide a mix of well-positioned companies, companies restructuring to meet change, defensive companies that can “weather the storm” and cyclical companies that benefit from even a modest pick-up in activity.”
How about shares in APN (the Herald’s owners) then?
Hmm. Maybe not.
What about Fairfax?