🏅 Top traders
This can resolve now; Chris Hipkins is the Prime Minister of New Zealand.
She has had her final public appearance. Chris Hipkins is to replace her tomorrow.
It’s genuinely surprising this is at 1%, for the time it will take to settle, there is going to be better ways to get a 2% return.
Plus, the risk premium is still there that she doesn’t step down as expected. More reasonably this should be at like 8-10% and then decay over the next two months as it becomes an imminent certainty.
Enjoy waiting for that 1% profit lol
This shouldn't resolve yet; it should wait until Jacinda actually resigns. (That seems like a sure thing, but it hasn't happened yet, and if there's a big enough controversy around the next leader she miiiight stay on.)
How am I the only one with NO shares? Labour's well behind in the polls. That's not super predictive this far out, but it's certainly not an advantage!