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Economic Weekly: When murky gets murkier

  • The war in the Middle East continues, and the uncertainty-element of the war is as elevated as it has ever been.  The number of uncertainties around the conflict itself are immense, but there’s also a whiplash element in how often and quickly things are changing
  • Within the last week the Strait of Hormuz has been re-opened and then closed again.  On one hand peace talks have been progressing yet at the same time there is allegedly little hope for “productive negotiations.”
  • There is an uncertainty shock hitting economies around the world, including here in New Zealand, alongside the oil price shock

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Mark Smith

Senior Economist

Mark joined ASB in 2017, with over 20 years of public and private sector experience working as an economist in New Zealand and the UK.

His resume includes lengthy stints at ANZ and the Reserve Bank of New Zealand, and he has also worked at the Bank of England, HM Treasury and the New Zealand Transport Agency. Mark's areas of specialisation include interest rate strategy, macro-economic analysis and urban economics.

Born and bred in the Waikato, Mark studied at Waikato University where he graduated with a Master of Social Sciences, majoring in Economics.

Mark's key strengths are the ability to use his extensive experience, inquisitive nature, analytical ability, creativity and pragmatism to dig a little deeper and to deliver common sense solutions to tackle complex problems.

When not at work Mark likes to travel, keep fit and spend time with his friends and family.