Forecast looks good. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. I am not a house price bull. 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. Log inWe would like to show you a description here but the site won’t allow us. 2%. @cjoye. 5k USD when you started this fund in May 2020. The quarterly pace of decline accelerated to. @cjoye. We would like to show you a description here but the site won’t allow us. @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. You actually charge people a fee for that performance?”“@KirilRuvinsky @cjoye People are away in Sydney, this Aussie day turned into a long weekend, my wife works in circular quay and there were 5 people on her floor at work! People are still spending and it appears that less people under 35 have a mortgage these days, rising unemployment is the only key”Imaging if mums&dads can directly access to 6. 1 – weakest reading since the depths of the early-1990s recession, Hassan said. It’s funny because traders on the street know that on Friday mornings, I will be buried in one. 50% in 2019 to 0. ”Log in. 5% pa, or 2. ”christopher joye on Twitter: "Good morning!" / Twitter. First miss on EPS since IPO, I think. 1. “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. I believe this includes offset accounts. Australia faces "largest and longest house price correction in history" - MacroBusiness. “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. ”We would like to show you a description here but the site won’t allow us. In this conversation. We have unscrambled the letters cjoye (cejoy) to make a list of all the word combinations found in the popular word scramble. Discerning Coins for example is a new way of collecting coins - using the blockchain! Chris, we've talked about this. 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. 2m are customer assets. . The wage costs for businesses producing products is far too high and can only be addressed by greater productivity, which means fewer workers. The real problem, people still spending and employment strong. ·. The latest tweets from @cjoye christopher joye. Interesting. Sign upchristopher joye @cjoye. 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. By Huobi announced $18. . 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. They all have movies on Netflix, and Netflix is down 80%. It’s funny because traders on the street know that on Friday. We await policy details to review our outlook". Sydney (+1. @cjoye After some cajoling, I’ve dusted off my double barrel shottie and have agreed to track, hunt and eliminate the biggest housing bull of them all: @TheKouk @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. 65% in November. However, the. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. And inflation isn't coming down anytime soon with rents increasing Rate cuts in 2023 will simply shoot inflation back up. 6pc. Interest rates have soared, but commercial property values have barely moved. . Try and think of the whole story not the macro people want you to hear and fear”In this conversation. 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. We would like to show you a description here but the site won’t allow us. christopher joye on Twitter. “@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. 18 Jul 2023 02:09:39. ”We would like to show you a description here but the site won’t allow us. 76% from 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. 6% for one year but if taken from the peak in Sept 21 its -30% plus. We would like to show you a description here but the site won’t allow us. There was only one way to go. Master Your Unstoppable Mindset. Replying to @cjoye @Harold36089778. . 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 upDay of valuations reckoning looms for commercial real estate owners, valuers and auditors. christopher joye on Twitter: "Morning!" / Twitter. Sitting on $6. Grrrr”“@cjoye Thoughts on bank and esp. Likes. 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. Australian money is rushing out of the crypto exchange, and customers are willing to accept a big haircut to cash out their holdings. “Real interest rate hammer has yet to fall would like to show you a description here but the site won’t allow us. Log in. Show more". christopher joye. 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 In an apartment complex of 100, it only takes 2 or 3 sales to mark down the whole 100. @cjoye Sydney house prices have fallen 11. We would like to show you a description here but the site won’t allow us. ”Log in. Replying to. In this conversation. We would like to show you a description here but the site won’t allow us. . 1. au. this conversation. Especially as pandemic funding measures end”House prices to get whacked by rates again: If the cash rate does indeed hit 4. 4. 1%; Brisbane prices down 0. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. @cjoye. 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. Youre allowed to tweet at new cycle-low milestones only. Even with yields down. 1:24 AM · Jul 9, 2023 · 10. Sydney house prices plummet like it's 1983 - MacroBusiness. 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. 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. Last Friday was a normal day for us: we did about $450m of trades, and I actively directed ~$300m of them. . Verified account Protected Tweets @; Suggested [email protected]! From US2yr notes to the Russell2000 and Peleton, Netflix, AfterPay etc etc etc. “@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. In levels terms, capital-city dwelling prices…”@cjoye. 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. “@BruceMeaney @cjoye I don’t know if it’s good. IR here are… Show more . and @Johnkehoe23. com. 6%; 5 city index prices down 1. Prepare for equities and property pain - my analysis. 7% on 376 auctions (@corelogicau) vs 49. This will be record housing crash, 100% triggered by rate hikes - it has only just started. 4% pa return. “India is an important ally that can’t be trusted Replying to @cjoye Usecases for blockchain are only limited by the imagination. 85% to 4. May 2. @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. 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. It's very unstable at the street level. com. 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. 2:58 AM · Jun 30, 2023. @cjoye Sydney house prices have fallen 11. House prices fell at slightly slower rate in Oct, with 5 city index from @corelogicau losing 1. 1%; Brisbane prices down 0. Sign up“@cjoye People keep in mind the huge upswing the housing market had pre covid. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App@cjoye Aussie house price update to 25 July: Sydney prices down 1. Retweets. Someone did the math on how the housing ponzi affects this generation compared to the days of old. This is deflationary. 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. . The news is not good: "We construct a new ‘weighted-median’ measure of underlying inflation based on a truncated monthly CPI. Australia needs to produce more with fewer people. 7% in 11 days of Aug); Melb down 3. 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. Embarrassingly wrong. Lower bound of our 15-25pc forecast correction could be an optimistic outcome…”Log in. 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. . 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. Sign upWe would like to show you a description here but the site won’t allow us. @cjoye. afr. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. “Aussie house price crash about to pass through all-time record of an 11% peak-to-trough loss. 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. “Morning!”We would like to show you a description here but the site won’t allow us. 92. We would like to show you a description here but the site won’t allow us. . christopher joye on Twitter. @cjoye. “@KurtMickan @cjoye If the current conditions remain I would expect prices to fall. 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) . Log in. *Potential for another RBA hiking cycle >4%. “Super strong US employment data will embolden Fed to push to 5. The real problem, people still spending and employment strong. ALT. "We would like to show you a description here but the site won’t allow us. Log in. Wonderfully cherry picked data in desperation to keep credibility of the narrative that allows them to be. 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. But with a referendum and election coming in the next 12 months, in addition to a $19b surplus. Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. We would like to show you a description here but the site won’t allow us. Drone operator Christopher Joye posted. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. Team Talk: Cowboys 2023 overview, best 17, squad update. “The “family finances vs a year ago” sub-index dropped 8% in February, to 62. 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. 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. @cjoye yep, thats the point. Sign up Day of valuations reckoning looms for commercial real estate owners, valuers and auditors. & 50% are admin. Retweets. Rebounding asset prices would keep inflation - and rates - higher for longer. I'm often asked how much time/effort it takes to write an AFR column. In this conversation. . FML 🫠”“@cjoye Too corrupt and too much poverty. We would like to show you a description here but the site won’t allow us. Sydney is off 10. We would like to show you a description here but the site won’t allow us. This will bring the RBA much closer to global central banks like BoE at 4. 6%mom) prices led the increase. No wonder RBA is slowing down. 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 usersAussie house prices are continuing to fall at a very rapid pace in December based on early data fromWe would like to show you a description here but the site won’t allow us. “@cjoye Japan took over 10 years from peak to 'bottom' with a similar size bubble. 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. @cjoye @PodcastFear. We would like to show you a description here but the site won’t allow us. @cjoye/Twitter) Shark clamps onto diver's leg as blood and screams pour out in attack video. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. christopher joye on Twitter: "Credit Suisse trying to squeeze. christopher joye. what you choose? 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. Some areas down -25. We would like to show you a description here but the site won’t allow us. Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Don’t know anyone else that predicted that. This chart from Bloomberg provides a good summary of consensus estimates. “Why is Bitcoin back down at US$22k?”“@cjoye You should dissect Aus equities vs S&P500. 9:26 PM · Aug 15, 2022 · Twitter Web App. 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. afr. would like to show you a description here but the site won’t allow us. christopher 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 of cost of capital than normal debt instruments without an ESG label. 7%; Brisb off 1. We would like to show you a description here but the site won’t allow us. A controversial article by Christopher Joye, an outspoken investment portfolio manager and columnist for the Australian Financial Review, has. Your chart is pretty much 12 months already. “Good morning!”In this conversation. christopher joye. Both of which disproportionately affect the bottom 50% of households. @cjoye. Log in. In this conversation. . 2m are customer assets. @cjoye was one of the few to go against this IIRC. 3. We would like to show you a description here but the site won’t allow us. 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. afr. You've reached your limit when it comes to tweeting about bitcoin being under $20k. @cjoye. …”We would like to show you a description here but the site won’t allow us. 10:21 PM · Jul 8, 2022 · Twitter for iPhone. . 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. Higher long-term risk-free cash rates are going to create a protracted pain trade for risky assets. 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. 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. 1%. 6%; 5 city index prices down 1. 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). 04 Jun 2023 22:01:37We would like to show you a description here but the site won’t allow us. . . @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. This will be record housing crash, 100% triggered by rate hikes -. @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…CoreLogic is the leading property data, information, analytics and services provider in Australia and New Zealand with growing partnerships throughout Asia. Aug 16. We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. 30 Nov 2022 01:03:22@cjoye. 25pc and possibly beyond, also raising risk RBA hikes past 3. We would like to show you a description here but the site won’t allow us. Captain Slapstick AC AO AM OAM AK @CaptSlapstick · 6h. 1%. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. 4% this time last yr. 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. Australia needs to produce more with fewer people. We would like to show you a description here but the site won’t allow us. 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. “Bitcoin down at US$20k again, but Aussie house prices stabilising once more while equities tank. @parrapower2022 @solo_dio_ @rabbit_wealth @AvidCommentator @BikoKonstantin1 @Aus__Property @rabbit_wealth @justthink1 @cjoye . Stock up 18%. It’s like the economy has cancer and our doctors wants to stop treatment caus. 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. 1%, bringing total decline to 6. This marks a turning point in your powers. ALT. . ”“@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. . . 9% vs 56. We now expect Australia's #housing prices to fall nearly 20%, before a modest recovery in 2024 as mortgage rates fall. Bang on our forecast for 15-25% cumulative loss. 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. 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. 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. 3%. @cjoye · Aug 5. Sign upWe would like to show you a description here but the site won’t allow us. 0%), Melbourne (-7. We would like to show you a description here but the site won’t allow us. 28. @cjoye. “The RBA is hierarchical, insular, supercilious, hubristic, resistant to outside influence, and exceptionally slow to recognise and respond to its own mistakes. ”“Yep. 5%, the…. 16 May 2023 00:02:27“Aussie house prices fall another >1% in November, total loss now 7. We would like to show you a description here but the site won’t allow us. I'm often asked how much time/effort it takes to write an AFR column. True, but houses / home units are hard to beat. Victoria's annual interest bill on its debt will rise towards $9 billion/yr by 2027 according to CBA analysis. 4%mom) and Melbourne (+0. Verified account Protected Tweets @; Suggested usersSign up. ConversationA not so tiny drop in some parts of the country. Massive portion of the population realising they are not going to achieve an acceptable basic standard of living. We would like to show you a description here but the site won’t allow us. “House price crash update: Syd prices down 6. "@wmdglasgow Yes, @cjoye is one of our best journalists" (Tweet) – via Twitter. #ausecon @felicity_emmett @AdelaideTimbrel. Melb also up: 67. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. This will. Verified account Protected Tweets @; Suggested users“@cjoye plenty of illiquidity in the big super funds non-listed assets. Log in. 6 billion Snowy Hydro…We've been forecasting a US recession since Jan 2022, which the market has recently converged on. “Morning!” We would like to show you a description here but the site won’t allow us. 9:35 PM · Aug 9, 2022 · Twitter Web App. Verified account Protected Tweets @; Suggested users “Worst house price declines in 42 years, with more to come. . Games fiasco will leave business shaking its head at Victorian farce. christopher joye on Twitter. ”We would like to show you a description here but the site won’t allow us. Huobi announced $18. There was only one way to go. . We would like to show you a description here but the site won’t allow us. 1 million in crypto cant be withdrawn on FTX- $13. 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. @Dante57112893. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. We would like to show you a description here but the site won’t allow us. 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). 2%. ”We would like to show you a description here but the site won’t allow us. Sign upSee new Tweets. @cjoye, @masters_joanne, @ImpactEconAU & @markgkenny. 5%. #ausecon @felicity_emmett @AdelaideTimbrel. 4%. Redirecting to /user/cjoye/. 3. NSW's interest bill will surge past $7 billion/yr according to Treasurer @dmookheyMLC. Replying to . christopher joye on Twitter: "Morning!" / Twitter. 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. 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. We would like to show you a description here but the site won’t allow us. This is 70s. 6 billion Snowy Hydro… We've been forecasting a US recession since Jan 2022, which the market has recently converged on. “@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. 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. 4%mom) and Melbourne (+0. “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. We would like to show you a description here but the site won’t allow us. Investors want little to do with a sector heading for a big dose of reality. We would like to show you a description here but the site won’t allow us. “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. “@cjoye Sir. ↑ Joye, Christopher. We would like to show you a description here but the site won’t allow us. Sydney house prices plummet like it's 1983. Sydney (+1. Binance Australia selling bitcoin $6k cheaper than other exchanges. macrobusiness. 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. Find great real estate professionals on Zillow like cjoyeThere are 9 words found that match your query. It'll work right up until the point it is discovered that debt outstrips M2 money by a factor of 10:1 . Log in.