@cjoye, @masters_joanne, @ImpactEconAU & @markgkenny. Binance Australia selling bitcoin $6k cheaper than other exchanges. 1. 04 Jun 2023 22:01:37We would like to show you a description here but the site won’t allow us. ”“Yep. 1%, bringing total decline to 6. Conversation. Australia needs to produce more with fewer people. ConversationIn this conversation. GS have published research on what Australia's inflation rate looks like using the new monthly data, crucially excluding items the ABS does not collect information on (and imputes to have no change). The wage costs for businesses producing products is far too high and can only be addressed by greater productivity, which means fewer workers. christopher joye on Twitter. would like to show you a description here but the site won’t allow us. au. I still haven’t seen you clearly outline why rates will stay high over the medium to long term, when nothing has fundamentally permanently changed since 2019. ly/3pmX9Dk. Replying to . 2%. 7%. Sign upWe would like to show you a description here but the site won’t allow us. Crypto is toxic”We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersSign up. 6%mom) prices led the increase. . . In levels terms, capital-city dwelling prices…”@cjoye. )”We would like to show you a description here but the site won’t allow us. It would not suprise me if the government introduces 'targeted support' which ends up pumping the market for a…”We would like to show you a description here but the site won’t allow us. Team Talk: Cowboys 2023 overview, best 17, squad update. @cjoye Sydney house prices have fallen 11. Log in Another story this morning with fresh quotes from NSW Treasurer @dmookheyMLC on paying back the Liberal Party's $100bn debt explosion: "When asked about the $40 billion in managed funds administered by the state’s debt arm, Treasury Corp, including a $1. 6% for one year but if taken from the peak in Sept 21 its -30% plus. . 1 million in crypto cant be withdrawn on FTX- $13. “Good morning!” In this conversation. OAKVILLE, ON — September 1, 2022 — Today marks the start of a new chapter for JOY RADIO (CJYE) as it unveils not only a new look, but a new feel to their. Key takeaways * 15-20% peak to trough in Australian housing prices remains the view. This chart from Bloomberg provides a good summary of consensus estimates. Given the number of markets that have had this set up and tanked. 11. 6 billion Snowy Hydro… We've been forecasting a US recession since Jan 2022, which the market has recently converged on. Likes. May 2. ”We would like to show you a description here but the site won’t allow us. It’s like the economy has cancer and our doctors wants to stop treatment caus. Both are inflationary to housing and do nothing to address affordability. We would like to show you a description here but the site won’t allow us. “No strong view on NSW election other than that NSW Labor Treasurer Daniel Mookhey is the smartest and hardest working politician I have ever dealt with in my life @dmookheyMLC @ALeighMP” Well you called it when you said we could likely have another series of rate hikes after the pause @cjoye. 6pc. CoreLogic: Australian home values officially record the largest decline on record would like to show you a description here but the site won’t allow us. Don’t know anyone else that predicted that. Anecdote from my AFR column today: “For Australia’s inflation rate to subside, we will also need more productivity to rationalise the brisk rates of wage growth. @cjoye The monthly CPI showed underlying inflation remains uncomfortably high, tracking above the RBA’s forecast profile and placing pressure on the RBA to hike again in July, where its peers are confronting the same problem of it taking too long for inflation to return to target with much higher interest rates. commodities are a grand idea #BTC“Aussie house price losses exceed 10%, Sydney losses breach 14%: 43 year record in sight 'Stablecoin' Breaks Peg As Circle Admits Billions Stuck With SVB up. So presumably brought their first home. But with a referendum and election coming in the next 12 months, in addition to a $19b surplus. “@KurtMickan @cjoye If the current conditions remain I would expect prices to fall. I am not a house price bull. This will be record housing crash, 100% triggered by rate hikes - it has only just started. Our globally unique War Lab put 74% probability on military conflict between China/Taiwan and a 45% chance of US-China conflict erupting over next decade based on data up to 2020. . ALT. Log in What does the Credit Suisse bail-in of its hybrids mean for Aussie bank hybrids? @cjoye Back in 2017 I wrote about a small number of Tier 2 and AT1 structures from Genworth + ME Bank that did not convert to equity (ie, went straight to write-off) and which could invert the capital structure hierarchy - predicting a situation where shareholders would push for AT1 or T2 write-offs to minimise their losses, just as happened. 9. 5%. Wonderfully cherry picked data in desperation to keep credibility of the narrative that allows them to be. See new Tweetschristopher joye on Twitter: "RT @eurekareport: On Talking Finance this week with @AlanKohler: central banks face a longer, harder task to get inflation down; dodging an Australian recession; an inflationary budget & opposition in the opposition ft. 3. A $14m unsecured loan will cover the client loss, creating a $32m debt for Huobi Like I said before: there will be unpredictable fall out from FTX in the following weeks. ”“@Fuffalufaguz @cjoye I bought at top 23 year old fixed rate 14 percent price tanked was in negative equity for 10 years house needed totally renovated sold for same price after all interest bills and pound bought nearly half what it would everyone is conned by media having to have what everyone has”We would like to show you a description here but the site won’t allow us. . Embarrassingly wrong. 8 per cent, it would mean that purchasing power has been eroded by a total of 33 per cent since the RBA kicked off this cycle in May last year. ”We would like to show you a description here but the site won’t allow us. The stunning incident occurred in the waters off Werri Beach in New South Wales on Sunday and was captured on video. ·. LNP for all its 'hawkishness' over China refused to develop onshore manufacturing for fear of unions. afr. 7% on 376 auctions (@corelogicau) vs 49. ” christopher joye on Twitter: "Good morning!" / Twitter. Victoria's annual interest bill on its debt will rise towards $9 billion/yr by 2027 according to CBA analysis. Likes. We would like to show you a description here but the site won’t allow us. Both of which disproportionately affect the bottom 50% of households. would like to show you a description here but the site won’t allow us. Tech party is over as Canva and Atlassian get tough, and perks dry up“Does any seriously believe house prices will not fall after the RBA cutting the cash rate from 1. Investors want little to do with a sector heading for a big dose of reality. Verified account Protected Tweets @; Suggested users The data always tells a story and sticky inflation makes it impossible to see an upside with House prices til Q1 maybe even Q2 2024 Bear market like the 1 we are in. 8:58 PM · Oct 5, 2022 · Twitter Web App. 4% followed by Brisbane (-8. Ave wage vs ave savings vs ave mortgage debt does not compute in my mind-who can afford a $600k mortgage at 7% without it destroying monthly income?”“@cjoye See through the noise with China - they are in population decline as Poor Japan v2. We would like to show you a description here but the site won’t allow us. Sign upWe would like to show you a description here but the site won’t allow us. The real problem, people still spending and employment strong. “@cjoye After yeeeaars of saving for a deposit and finally getting into the market [at peak Jan 22] we now have to deal with this. Found. The quarterly pace of decline accelerated to. 2m are customer assets. . 65% in November. . and @Johnkehoe23. 10% in more pain for borrowers and home owners. 2021 Olympic Medalist, Joey Lye, shares stories and insight into some of the mental skills and strategies that prepared her [email protected] million in crypto cant be withdrawn on FTX- $13. Verified account Protected Tweets @; Suggested users“@cjoye plenty of illiquidity in the big super funds non-listed assets. “RBA may be told to hold press conferences; Barrenjoey talk queried would like to show you a description here but the site won’t allow us. Captain Slapstick AC AO AM OAM AK @CaptSlapstick · 6h. We would like to show you a description here but the site won’t allow us. “@cjoye Well this RBA info has finally caught up with Alan Kohler I photo’d the tv last yr & kept the dates visible I added words he was saying to the slides Check out the dates! August & October LAST YEAR!”We would like to show you a description here but the site won’t allow us. "@wmdglasgow Yes, @cjoye is one of our best journalists" (Tweet) – via Twitter. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. Replying to. Show more". IR here are… Show more . No wonder RBA is slowing down. non-bank wholesale funding costs? Seems like there is further upward pressure from o/s debt markets coming here which could even further exarcebate the fixed to variable, and those currently on variable. Why are they silent on the stock NFLX performance???”“Westpac/MI Australian Consumer Confidence now lower than GFC levels--and aside from March 2020, the lowest since 1990. Verified account Protected Tweets @; Suggested users“@cjoye @ALeighMP @Charlton_AB @DanielMulinoMP @AlboMP @JEChalmers Genuine question/thought. Log inWe would like to show you a description here but the site won’t allow us. @cjoye was one of the few to go against this IIRC. 2 days ago. We would like to show you a description here but the site won’t allow us. @cjoye And then the currency will fall, inflation will accelerate and rates will need to go even higher than they would’ve needed to in the first place. In this conversation. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. “@cjoye Japan took over 10 years from peak to 'bottom' with a similar size bubble. Where did you get 20% from?”RBA governor Phil Lowe said today that for Aussie inflation to hit its 2-3% target, wages can only grow at circa 3. Immigration is still big in Aus. com. I believe this includes offset accounts. Jerome Nugent-Smith. au “GS have published research on what Australia's inflation rate looks like using the new monthly data, crucially excluding items the ABS does not collect information on (and imputes to have no change). 1. We would like to show you a description here but the site won’t allow us. 30 Nov 2022 01:03:22@cjoye. We would like to show you a description here but the site won’t allow us. 1:24 AM · Jul 9, 2023 · 10. This marks a turning point in your powers. 4%. We would like to show you a description here but the site won’t allow us. . This will in turn demand radical attitudinal change. Higher long-term risk-free cash rates are going to create a protracted pain trade for risky assets. Verified account Protected Tweets @; Suggested usersIn this conversation. Replying to @cjoye @Harold36089778. Quote Tweet. Property is ‘sleepwalking’ towards its biggest test since the GFC. Try and think of the whole story not the macro people want you to hear and fear”In this conversation. 5%, the…. Fantastic lunch event with Chris Joye @cjoye and Coolibah Capital today in Perth. Sign upLog in. Verified account Protected Tweets @; Suggested users In this conversation. We would like to show you a description here but the site won’t allow us. There was only one way to go. In this conversation. 92. There was only one way to go. Someone did the math on how the housing ponzi affects this generation compared to the days of old. We would like to show you a description here but the site won’t allow us. 13 Jun 2023 05:35:09 “RT @rogerkermode: I reckon there are two generations of ‘finance dudes’ who have never seen high inflation and cannot comprehend the fear i…” christopher joye on Twitter: "RBA now on track to hike rates in June given upside surprise to today's inflation, lifting the cash rate from 3. Log in. 4. However, the. We would like to show you a description here but the site won’t allow us. “First housing bear in my cross-hairs: UBS concedes yesterday, "Looking fwd, we had expected home prices could drop 10%, but it could be smaller now. We would like to show you a description here but the site won’t allow us. House price declines not likely to slow until RBA stops hiking. . ”Log in. 85% to 4. @cjoye RBA speech just published: almost 30% of Aussie borrowers will suffer a more than 40% increase in their mortgage repayments if the RBA lifts the cash rate by 300 basis points, though concludes everything will be ok in that event. Sydney is off 10. We would like to show you a description here but the site won’t allow us. Funny thing is many keep saying it hasn't crashed yet. “Morning!”We would like to show you a description here but the site won’t allow us. Sign upSee new Tweets. 1%; Brisbane prices down 0. Aussie housing collapse spreads as Brisbane joins the Sydney and Melbourne crash bit. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. In this conversation. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. Sign up“@JohnQuiggin @cjoye We're here because Reagan & Thatcher's neoliberal agenda of crushing unions by offshoring manufacturing to China (& continued by Clinton & Blair) . “@cjoye Step forward for transparency, but still doesn’t stop more/different things being said in other forums (or by other RBA officials). There were good reasons for very low rates (pre-covid) and those reasons haven’t gone away. com. The business indicators measure of wages suggests annual growth in non-farm hourly earnings picked up to 5% in Q1, although this series has grown more strongly than the RBA’s series over the past year. Well done. Aug 16. @cjoye Cracking interview with the great Tom Piotrowski on equities, bonds, house prices, banks and pretty much everything under the sun - notably recorded before the RBA kicked off its second hiking cycle… @cjoye A tiny, single day drop in Aussie house prices evidenced in the CoreLogic daily data---is it pure noise or something more substantive as tighter policy grips? corelogic. 5% plus 1% productivity. Prepare for equities and property pain - my analysis. Sydney house prices plummet like it's 1983 - MacroBusiness. Huobi announced $18. “@cjoye Watched The Big Short again last night - I fear the can kicking is going to end soon and we will have our very own subprime moment. 30% drop wipes out 40% of gains! Its so bad REINZ has taken down old reports!”“@ddtraderr @cjoye Ummmm Yes they can refinance however this is happening because interest rates are rising ⬆️⬆️⬆️ They may be able to refinance if they paid off enough, and if the properties have appreciated in value That’s a few “ifs” in there Overall, the situation is grim at beset”“3x crypto banks now dead: Silvergate; Silicon Valley; and Signature. Log in. The bears are gonna start running for the hills when they see wolverine chasing em”We would like to show you a description here but the site won’t allow us. States need fiscal revolution to avoid debt bomb - our analysis on NSW and Victoria. @TheKouk · Jul 8. Master Your Unstoppable Mindset. 1%. Like. And homes are still priced above Covid levels. Quote Tweet. Sign upDay of valuations reckoning looms for commercial real estate owners, valuers and auditors. Verified account Protected Tweets @; Suggested users “Worst house price declines in 42 years, with more to come. Youre allowed to tweet at new cycle-low milestones only. . House prices fell at slightly slower rate in Oct, with 5 city index from @corelogicau losing 1. 9% vs 56. ”We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. Sitting on $6. We would like to show you a description here but the site won’t allow us. “@TvcMike @cjoye tech/growth/risk assets, makes any real sense. 3:30 AM · May 20, 2022 · Twitter Web App. We would like to show you a description here but the site won’t allow us. Sign up“@haluksenlik @cjoye There is obviously significantly more risk and fraud in crypto than in the stock market, but Matt Damon promoted a centralized brokerage that curates assets and thus doesn't expose you to the scams where possible. @cjoye posits #stock are 20% overvalued given the 5% discount rate -> seeing this in earnings #mastercard and #carnival both accelerating earnings, but not rewarded post. Log inWe would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. . In this conversation. 2 days ago. afr. 25pc and possibly beyond, also raising risk RBA hikes past 3. 1. @cjoye/Twitter) Shark clamps onto diver's leg as blood and screams pour out in attack video. Australia experiences worst house price falls in 42 years, with more to come. They all have movies on Netflix, and Netflix is down 80%. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. What’s the result?”We would like to show you a description here but the site won’t allow us. You are right to hesitate on price directions for houses - low listings are contributing to price stability, but so are rents increasing by 25% ($120 pw on $500 pw) and many buyers paying cash (not first home buyers). 16 May 2023 00:02:27“Aussie house prices fall another >1% in November, total loss now 7. com. 9:26 PM · Aug 15, 2022 · Twitter Web App. We would like to show you a description here but the site won’t allow us. 1% in 2020 drove Aussie houses prices 37% higher. “@cjoye Sir. We would like to show you a description here but the site won’t allow us. There were good re“@Sporticus13 @cjoye @TheKouk I was wondering the other day how much of Wayne Swan’s unfulfilled budget surplus was the result of Koukie’s crystal ball. 2%. . We would like to show you a description here but the site won’t allow us. “The great regime change: growth and cheap money are dead of risky assets ‘living in a parallel universe’ - A recession may be precisely the jolt lackadaisical Millennials require to lift their game. 2m are customer assets. “The RBA is hierarchical, insular, supercilious, hubristic, resistant to outside influence, and exceptionally slow to recognise and respond to its own mistakes. christopher joye on Twitter: "Credit Suisse trying to squeeze. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. 4%mom) and Melbourne (+0. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. I suspect the increased earnings (and potentially profit) of the big players in ASX 200 might offset increases in discount rates. . It. Log inAnother story this morning with fresh quotes from NSW Treasurer @dmookheyMLC on paying back the Liberal Party's $100bn debt explosion: "When asked about the $40 billion in managed funds administered by the state’s debt arm, Treasury Corp, including a $1. . We would like to show you a description here but the site won’t allow us. . We would like to show you a description here but the site won’t allow us. When the cryptobros realise the startup founders need to cash in their crypto investments because SVB is experiencing a bank run. Retweets. Discerning Coins for example is a new way of collecting coins - using the blockchain! Chris, we've talked about this. afr. “Aussie house price crash about to pass through all-time record of an 11% peak-to-trough loss. Games fiasco will leave business shaking its head at Victorian farce. . 4%mom) and Melbourne (+0. Log in. “Pretty clear RBA has been spooked by house price collapse, which is only going to get worse”christopher joye on Twitter. We would like to show you a description here but the site won’t allow us. christopher joye on Twitter. 5%, the Bank of Canada at 4. We would like to show you a description here but the site won’t allow us. 1KWe would like to show you a description here but the site won’t allow us. “House price crash update: Syd prices down 6. Especially as pandemic funding measures end”House prices to get whacked by rates again: If the cash rate does indeed hit 4. “@BruceMeaney @cjoye I don’t know if it’s good. @cjoye Aug 6, 2022 22pc and back in 2020 - the issue with Ukraine is there is very limited data on it as a country statistically because it was only created in the early 1990s. By Huobi announced $18. @cjoye I still haven’t seen you clearly outline why rates will stay high over the medium to long term, when nothing has fundamentally permanently changed since 2019. This will be record housing crash, 100% triggered by rate hikes -. Log inWe would like to show you a description here but the site won’t allow us. Job cuts over 18mo. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. You've reached your limit when it comes to tweeting about bitcoin being under $20k. We would like to show you a description here but the site won’t allow us. Our predicted housing recovery continues @FinancialReview (Prelim. We await policy details to review our outlook". 4% this time last yr. @cjoye. Sign upLog in. Verified account Protected Tweets @; Suggested usersIn this conversation. then the printing starts again leading to further dilution of currency . “GS: Australian capital-city dwelling prices rose +0. Sign up“@cjoye People keep in mind the huge upswing the housing market had pre covid. We would like to show you a description here but the site won’t allow us. 7% in July; Melbourne prices down 1. Log inchristopher joye @cjoye 7h One of the more interesting questions going around is whether bonds issued for environment, social and/or governance (ESG) purposes attract a lower. In this conversation. Verified account Protected Tweets @; Suggested usersLog in. 0% (0. This is 70s. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. Sign upIn this conversation. This is deflationary. Logically can't happen. new Tweets. @cjoye In an apartment complex of 100, it only takes 2 or 3 sales to mark down the whole 100. Maybe u can get annoyed that the advertisers allowed this ad? But Matt Damon isn't a financial expert, how is he gonna predict what happens in mkts in 2022, lol. “@cjoye Mate, what's the go with this fund you run? You are doing a terrible job managing other people's money! By the way, #bitcoin was trading around $8. @cjoye yep, thats the point. First time I've properly suited up in a long while. See charts below for the latest daily index data for Syd/Melb @cjoye banks are throwing everything to keep the arrears off the books, giving repayment holidays, turning loans into 30-40 year mortgages interest free, & CBA anyone ahead on their loan schedule are getting repayment discounts! @cjoye I think you’re missing a factor from your interest rate property price calculator, how many investors were using a rising market to facilitate/service their loans, buy new properties& hide some properties under company trusts to hide their debt positions. what you choose? We would like to show you a description here but the site won’t allow us. @Dante57112893. True, but houses / home units are hard to beat. @cjoye @PodcastFear. New RBA analysis shows that between 15% and 17% of all Aussie borrowers are likely to experience negative cash-flows as a result of rate hikes in the RBA's base-line and adverse scenarios“@KellyAlspals @cjoye ALD share price hasn't moved much, so either no productivity or wage-rate spiral imo. Drone pilot Christopher Joye, who captured the footage, said: "Swimmers would not believe there was a. christopher joye on Twitter: "A property I heard about was. We would like to show you a description here but the site won’t allow us. christopher joye on Twitter: "Morning!" / Twitter. Acquire everything! It’s a bull market! Equities are cheap! The buy-the-dip-reflex will prevail! Central banks will slash rates and lift their inflation targets!We would like to show you a description here but the site won’t allow us. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. Sign upchristopher joye @cjoye. Your chart is pretty much 12 months already. Aussie house prices fell in 2022 by their largest margin since records began in 1980. ↑ Joye, Christopher. We would like to show you a description here but the site won’t allow us. Redirecting to /cjoye/status/1675386755422494722Embed Tweet. This will in turn demand radical attitudinal change from entitled millennials who have never experienced high…. christopher joye @cjoye. 6%mom) prices led the increase. In this conversation. 18 Jul 2023 02:09:39. We would like to show you a description here but the site won’t allow us. 6%; 5 city index prices down 1. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App@cjoye Aussie house price update to 25 July: Sydney prices down 1. . . These people need equity Plenty of people get paid goid money a d know very little of what they do The lesson is the herd mentality is alive and well On the way uo! All the way down Probability market crash epic proportions Going to be like the car market but even more acute We would like to show you a description here but the site won’t allow us. Sign upNSW Treasurer Daniel Mookhey today reveals that Perrottet/Kean had planned to burden NSW taxpayers with another $25bn of debt to allow their investment arm, TCorp, to punt this money on stocks. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. It’s funny because traders on the street know that on Friday mornings, I will be buried in one. ConversationA not so tiny drop in some parts of the country. 30 Nov 2022 01:03:22 Australia faces "largest and longest house price correction in history" - MacroBusiness In this conversation. Verified account Protected Tweets @; Suggested users“Worst house price declines in 42 years, with more to come. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. Log in. com. 4% pa return. “I did a podcast interview with Koda's David Clark on the coming commercial real estate crash, why a second phase of the housing correction will emerge, the looming. Wonderfully cherry picked data in desperation to keep credibility of the narrative that allows them to be defenders of last resort of the great Australian credit fuelled housing bubble. Considering the RBA's housing price model predicts some pretty major price falls if rates rise 1%, it would be interesting to see how falling real wages may potentially exacerbate that. 04 May 2023 06:47:40Log in. “I did a podcast interview with Koda's David Clark on the coming commercial real estate crash, why a second phase of the housing correction will emerge, the looming. Sydney prices have fallen by 11. Sign up Day of valuations reckoning looms for commercial real estate owners, valuers and auditors. A 30year investment for most. christopher joye on Twitter: "Morning!" / Twitter. Australia faces "largest and longest house price correction in history" - MacroBusiness. christopher joye. "We would like to show you a description here but the site won’t allow us. this conversation. @cjoye. May 15, 2023 - 9:29AM. 7% in 11 days of Aug); Melb down 3. "It's global cyber war out there". The news is not good: "We construct a new ‘weighted-median’ measure of…” Honestly, we hit the limit current incomes can support. This will bring the RBA much closer to global central banks like BoE at 4. “Good morning!”In this conversation. they all roll over the same. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. This chart from Bloomberg provides a good summary of consensus estimates. . “Real interest rate hammer has yet to fall would like to show you a description here but the site won’t allow us. CHRIS JUDD’S Masters of the Market Masters of the Market is back for 2021 and the first episode of the year is with CIO of Coolabah Capital and columnist for the AFR, Chris. Last Friday was a normal day for us: we did about $450m of trades, and I actively directed ~$300m of them. It's very unstable at the street level. 50% in 2019 to 0.