Your chart is pretty much 12 months already. This will be record housing crash, 100% triggered by rate hikes -. We would like to show you a description here but the site won’t allow us. It'll work right up until the point it is discovered that debt outstrips M2 money by a factor of 10:1 . 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. . It would not shock me for people in 2034 to be asking "is this the year Australian property prices finally see gains?". Verified account Protected Tweets @; Suggested users“@ChandAshok @cjoye Totally agree re government mistakes but struggle to understand why ‘independent organisations’ have the power to dial up the misery of Australians in the form of unemployment and increased costs of lending. Grrrr”“@cjoye Thoughts on bank and esp. “@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. “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. What’s the result?”We would like to show you a description here but the site won’t allow us. In this conversation. Sign upLog in. We would like to show you a description here but the site won’t allow us. Rebounding asset prices would keep inflation - and rates - higher for longer. “@cjoye Sir. 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. Sign up“@mitch_dol @cjoye @TomInvesting This is the Jan REINZ HPI Index developed with our RBNZ. . christopher [email protected] @DrCameronMurray: Has anyone pulled together a list of all the wrong predictions about the housing market from mid-2020? If I recall, predictions of 30% price falls were common. 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. Fun interview with nabtrade on bond markets. estimates will revise down a bit. This will in turn demand radical attitudinal change. 04 Jun 2023 22:01:37We 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. “@KurtMickan @cjoye If the current conditions remain I would expect prices to fall. 5k USD when you started this fund in May 2020. When the cryptobros realise the startup founders need to cash in their crypto investments because SVB is experiencing a bank run. First miss on EPS since IPO, I think. afr. This chart from Bloomberg provides a good summary of consensus estimates. 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. Show more". Don’t know anyone else that predicted that. House prices fell at slightly slower rate in Oct, with 5 city index from @corelogicau losing 1. This marks a turning point in your powers. 2m are customer assets. Verified account Protected Tweets @; Suggested usersLog in. We would like to show you a description here but the site won’t allow us. This will. Verified account Protected Tweets @; Suggested usersWe 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). 50% in 2019 to 0. We would like to show you a description here but the site won’t allow us. 4% pa return. au. Visit cjoye's profile on Zillow to find ratings and reviews. "We would like to show you a description here but the site won’t allow us. We await policy details to review our outlook". 4. “@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. NSW's interest bill will surge past $7 billion/yr according to Treasurer @dmookheyMLC. 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) . See new Tweets Nothing like purposely using a log graph to make it look like it has barely crashed ever Massive downside miss for Aussie monthly inflation - RBA should pause and if they hike in December they will struggle to do much more. We would like to show you a description here but the site won’t allow us. Jerome Nugent-Smith. @cjoye. “@cjoye Step forward for transparency, but still doesn’t stop more/different things being said in other forums (or by other RBA officials). Immigrants need groceries, cars, bank accounts, etc”“Westpac data shows that exactly 50% of all borrowers are less than one month ahead on their mortgage repayments, or behind. Embarrassingly wrong. . Australia faces "largest and longest house price correction in history" - MacroBusiness. 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. Funny thing is many keep saying it hasn't crashed yet. See new TweetsNothing like purposely using a log graph to make it look like it has barely crashed everMassive downside miss for Aussie monthly inflation - RBA should pause and if they hike in December they will struggle to do much more. . We would like to show you a description here but the site won’t allow us. Redirecting to /cjoye/status/1675386755422494722 Embed Tweet. . “Good morning!” In this conversation. 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. @cjoye @PodcastFear. In levels terms, capital-city dwelling prices…” Higher long-term risk-free cash rates are going to create a protracted pain trade for risky assets. S&P Reports Australian Home Loan Arrears Rose In December: S&P's Performance Index (SPIN) for Australian prime mortgages increased in December to 0. 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. 5%; 5 capital cities have fallen 3. Investors want little to do with a sector heading for a big dose of reality. 10% in more pain for borrowers and home owners. 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. Verified account Protected Tweets @; Suggested usersIn this conversation. ”“Yep. There were good reasons for very low rates (pre-covid) and those reasons haven’t gone away. 6pc. See new Tweets. 6%mom) prices led the increase. Log in. May 15, 2023 - 9:29AM. 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. 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. Verified account Protected Tweets @; Suggested users “Worst house price declines in 42 years, with more to come. Well done. @cjoye Sydney house prices have fallen 11. 0% (0. 8:58 PM · Oct 5, 2022 · Twitter Web App. @cjoye. A controversial article by Christopher Joye, an outspoken investment portfolio manager and columnist for the Australian Financial Review, has. We would like to show you a description here but the site won’t allow us. Find great real estate professionals on Zillow like cjoyeThere are 9 words found that match your query. Sign upSee new Tweets. christopher joye on Twitter. First time I've properly suited up in a long while. Sydney (+1. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. Log in. Property is ‘sleepwalking’ towards its biggest test since the GFC. We would like to show you a description here but the site won’t allow us. "It's global cyber war out there". We have unscrambled the letters cjoye (cejoy) to make a list of all the word combinations found in the popular word scramble. Australia faces "largest and longest house price correction in history" According to CoreLogic records dating back to 1980, Australian dwelling values have never fallen by more than 11% across the combined. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. 75% bonds or 5,6% annuity products without losing any skin to the middleman, market would be below 4,000 point instantly! Once BoJ st“Mortgage stress to rise as RBA flags risk of higher rates in. 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. 2m are customer assets. 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. 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. We would like to show you a description here but the site won’t allow us. 9:26 PM · Aug 15, 2022 · Twitter Web App. @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. 65% in November. While all costs (interest, rates, land tax, utility, body corp, maintenance) are against investors, 2m deposit gives u 100k effortless money. “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. christopher joye @cjoye. 7% in 11 days of Aug); Melb down 3. . Even with yields down. ALT. . Binance Australia selling bitcoin $6k cheaper than other exchanges. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. “Why is Bitcoin back down at US$22k?”“@cjoye You should dissect Aus equities vs S&P500. It’s funny because traders on the street know that on Friday. We would like to show you a description here but the site won’t allow us. & 50% are admin. “The RBA is hierarchical, insular, supercilious, hubristic, resistant to outside influence, and exceptionally slow to recognise and respond to its own mistakes. Property is ‘sleepwalking’ towards its biggest test since the GFC. We would like to show you a description here but the site won’t allow us. . Just think your narrow focus on interest rates as the main driver of house prices and that prices will fall 30% is consistent with many of you other views. . Sign upWe would like to show you a description here but the site won’t allow us. So how does this effect them? I would have thought ppl who regularly buy/sell homes or were looking to cash out for retirement would be more affected?”We would like to show you a description here but the site won’t allow us. 9. what you choose? We would like to show you a description here but the site won’t allow us. 1. 1KWe 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. “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. Bang on our forecast for 15-25% cumulative loss. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet the "material" upside surprise test Bullock set - despite every economist and the market saying it does. In this conversation. 1. 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. Aussie housing collapse spreads as Brisbane joins the Sydney and Melbourne crash bit. Sydney prices have fallen by 11. 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. Verified account Protected Tweets @; Suggested users Aussie house prices are continuing to fall at a very rapid pace in December based on early data from We would like to show you a description here but the site won’t allow us. . “India is an important ally that can’t be trusted Replying to @cjoye Usecases for blockchain are only limited by the imagination. RT @CommSec: In our latest Executive Series interview we sat down with @cjoye from Coolabah Capital to chat about wide range of issues including recent collapse of. “@cjoye Chris, you do realise that we have 30,000 arrivals per month, when in April we only started 2500 new dwellings? There are people coming from overseas using foreign currency to rent or buy property with currency that has appreciated against the Aud by 15% in the past six months. “@cjoye It seems a bit silly to me that an actor, doing an advert, with a script, on the television, should suddenly become a financial commentator on cryptocurrencies. 4%mom) and Melbourne (+0. 1:56 AM · Jul 29, 2022 · Twitter Web App. In this conversation. @cjoye. We would like to show you a description here but the site won’t allow us. 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. I'm often asked how much time/effort it takes to write an AFR column. Melb also up: 67. 16 May 2023 00:02:27“Aussie house prices fall another >1% in November, total loss now 7. Log inWe would like to show you a description here but the site won’t allow us. True, but houses / home units are hard to beat. 3:30 AM · May 20, 2022 · Twitter Web App. Likes. “Super strong US employment data will embolden Fed to push to 5. Immigration is still big in Aus. 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. 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. 1. We would like to show you a description here but the site won’t allow us. 9% vs 56. This will in turn demand radical attitudinal change from entitled millennials who have never experienced high…. This is deflationary. 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). Sign upLog in. . “@cjoye @PeteWargent Both this and Labor shared equity policy are attempts to shore up supporter bases/buy votes. Like. Australia needs to produce more with fewer people. “@bluntman_eth @Tombeecon @cjoye So they just entered the real estate market. 11. It’s funny because traders on the street know that on Friday mornings, I will be buried in one. Verified account Protected Tweets @; Suggested usersSign up. In levels terms, capital-city dwelling prices…”@cjoye. The Australian Financial. Verified account Protected Tweets @; Suggested users In this conversation. @cjoye, @masters_joanne, @ImpactEconAU & @markgkenny. . We would like to show you a description here but the site won’t allow us. christopher joye on Twitter: "Morning!" / Twitter. Quote Tweet. It’s like the economy has cancer and our doctors wants to stop treatment caus. 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. Aussie house prices fell in 2022 by their largest margin since records began in 1980. 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. 18 Jul 2023 02:09:39. Our subs will likely need to contain the most serious expansionist ambitions of an India we haven't yet met in the 2040s”“Huge jump in Sydney auction clearance rate to 74. Redirecting to /cjoye/status/1675386755422494722Embed Tweet. We would like to show you a description here but the site won’t allow us. We reap what we sow. christopher joye on Twitter: "Morning!" / Twitter. #ausecon @felicity_emmett @AdelaideTimbrel. Sign upWe 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. 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. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. “Aussie house price losses exceed 10%, Sydney losses breach 14%: 43 year record in sight “USDC 'Stablecoin' Breaks Peg As Circle Admits Billions Stuck With SVB Sign up. It’s like the economy has cancer and our doctors wants to stop treatment caus we’re feeling nauseous from the chemo 🤦♂️ @cjoye True, but houses / home units are hard to beat. 1%; Brisbane prices down 0. Replying to. “GS: Australian capital-city dwelling prices rose +0. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App @cjoye Aussie house price update to 25 July: Sydney prices down 1. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. 1 – weakest reading since the depths of the early-1990s recession, Hassan said. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. I suspect the increased earnings (and potentially profit) of the big players in ASX 200 might offset increases in discount rates. We would like to show you a description here but the site won’t allow us. Honestly, we hit the limit current incomes can support. @cjoye yep, thats the point. Discerning Coins for example is a new way of collecting coins - using the blockchain! Chris, we've talked about this. 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. Australia experiences worst house price falls in 42 years, with more to come. @cjoye. This chart from Bloomberg provides a good summary of consensus estimates. . 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). 7%. Log in. Log inWe would like to show you a description here but the site won’t allow us. Team Talk: Cowboys 2023 overview, best 17, squad update. Drone pilot Christopher Joye, who captured the footage, said: "Swimmers would not believe there was a. There was only one way to go. Retweets. A 30year investment for most. #ausecon @felicity_emmett @AdelaideTimbrel. 1:24 AM · Jul 9, 2023 · 10. 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. *Potential for another RBA hiking cycle >4%. “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. Interesting. “Good morning!”In this conversation. Sign upchristopher joye @cjoye. We would like to show you a description here but the site won’t allow us. “Bitcoin down at US$20k again, but Aussie house prices stabilising once more while equities tank. ”We would like to show you a description here but the site won’t allow us. 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. I doubt the rise over the previous Q was sustainable, given the reduction in borrowing power. 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. Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. au. @cjoye. 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. We would like to show you a description here but the site won’t allow us. 1%, bringing total decline to 6. ConversationA not so tiny drop in some parts of the country. We would like to show you a description here but the site won’t allow us. 3%, Melbourne/Brissie both down 6. com. Log in. ConversationIn this conversation. Drone operator Christopher Joye posted. We would like to show you a description here but the site won’t allow us. Sign upIn this conversation. 2 days ago. We would like to show you a description here but the site won’t allow us. @cjoye. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App@cjoye Aussie house price update to 25 July: Sydney prices down 1. Especially as pandemic funding measures end”House prices to get whacked by rates again: If the cash rate does indeed hit 4. 4%. Interesting. We would like to show you a description here but the site won’t allow us. Last Friday was a normal day for us: we did about $450m of trades, and I actively directed ~$300m of them. com. 10% in more pain for borrowers and home owners. christopher joye on Twitter: "A property I heard about was. 3%. . ↑ Joye, Christopher. 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. “Aussie house price crash about to pass through all-time record of an 11% peak-to-trough loss. 30 Nov 2022 01:03:22@cjoye. “The “family finances vs a year ago” sub-index dropped 8% in February, to 62. Replying to. 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. Australia needs to produce more with fewer people. . Job cuts over 18mo. We would like to show you a description here but the site won’t allow us. Binance Australia selling bitcoin $6k cheaper than other exchanges. ”We would like to show you a description here but the site won’t allow us. It's very unstable at the street level. 85% to 4. Youre allowed to tweet at new cycle-low milestones only. @parrapower2022 @solo_dio_ @rabbit_wealth @AvidCommentator @BikoKonstantin1 @Aus__Property @rabbit_wealth @justthink1 @cjoye . Conversation“@cjoye who would have thought lending money to a government with a printing press that practically can't default would result in potentially the 2nd largest bank collapse in US history 😄”In this conversation. There was only one way to go. In this conversation. Higher long-term risk-free cash rates are going to create a protracted pain trade for risky assets. 1 million in crypto cant be withdrawn on FTX- $13. @cjoye. new Tweets. “GS: Australian capital-city dwelling prices rose +0. . Sign up“@cjoye People keep in mind the huge upswing the housing market had pre covid. Our predicted housing recovery continues @FinancialReview (Prelim. Verified account Protected Tweets @; Suggested [email protected]! From US2yr notes to the Russell2000 and Peleton, Netflix, AfterPay etc etc etc. @TheKouk · Jul 8. ALT. 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. Lower bound of our 15-25pc forecast correction could be an optimistic outcome…”Log in. ”“@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. We would like to show you a description here but the site won’t allow us. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. 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. 5% plus 1% productivity. 3. Sitting on $6. This will be record housing crash, 100% triggered by rate hikes - it has only just started. 7% in July; Melbourne prices down 1. 6%; 5 city index prices down 1. 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). Verified account Protected Tweets @; Suggested usersThe 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. We would like to show you a description here but the site won’t allow us. ly/3pmX9Dk. Sydney house prices plummet like it's 1983 - MacroBusiness. The stunning incident occurred in the waters off Werri Beach in New South Wales on Sunday and was captured on video. Australian money is rushing out of the crypto exchange, and customers are willing to accept a big haircut to cash out their holdings. We would like to show you a description here but the site won’t allow us.