The Coming Summer of Discontent
The Mr Scrooge Predictions for the coming Antipodes summer 2022/2023.
1. A new wave of Covid strains is likely to cause spike in infections across greater Sydney, Melbourne and Brisbane soon. Case numbers will continue to be under reported, more people can experience long Covid and we are approaching the third annual anniversary of the arrival of the now increasingly unmentionable matter.
2. Many eating places of varying set ups across Australia will be closed for a few weeks after Christmas. Shortage of vegetables and other fresh produce are likely to hit supermarkets and eating outlets across NSW and Victoria, as Christmas 2023 approaches, due to recent widespread flooding over many farms.
3. The months long continuing dispute between Nsw State Government and train workers for Greater Sydney have risks of getting worse.
4. Prices of daily consumption items will be going up further, like for petrol, groceries, human services, insurance premiums, utility usage and supply charges, airfares, private school fees and child care services.
5. Warmer and radiating dry weather can make afternoons unbearable going out in coming months, unless one is determined to have that tan and risk the health side effects.
6. Food, grocery and other delivery service charges will increase. This is one example of the lack of labour supply for many sectors that rely on cheaply paid human resources to deliver the final stage of consumer interface transactions.
7. La Nina is forecast to hang around in the coming season - with some of the lingering uncertainty, more of the wet in some states, more heat in the west of the Australian continental island and generally more of the same like in the past 12 months.
8. The downstream impact of the huge battle for reliable supply of smart chips is yet to be fully played out.
9. Investment options for players of all funding ability sizes will change over the next 3 months, whether decision makers are on holiday or not. The arrival of recession in the UK; the need to draw a line on the books before the festive season and the close of the year; the staged increase in interbank rates by several central banks; the continuing rollercoaster ride of crypto currency; the changing return on bonds; the shifting attitude for small caps; the rise in exchange value of the USD; and the outlook for the Chinese economy are all still relevant in the heady mix of the cauldron.
10. Using airports will further embed our perceptions of their disorganisation; the lack of connect between corporate planning, purported marketing image and the actual customer experience; the greater investment by airport operators/ owners in vehicle parking spaces rather than anything else; of the strong need by airlines to fill up every passenger seat of every flight; and the silo effect and divide between Immigration, Airline and Customs as a passenger goes through the process before and after a flight.
Okay, I better move on to brighter things. Lol.
#yongkevthoughts
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