In this conversation. 92. “@cjoye Modi had highest voters support among all democratic countries! As Paul Keating repeatedly pointed out, Albo is just a sucker!”We would like to show you a description here but the site won’t allow us. Interest rates have soared, but commercial property values have barely moved. I believe this includes offset accounts. “@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. 6%mom) prices led the increase. 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. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. 1. 5% plus 1% productivity. 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. . 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. Fun interview with nabtrade on bond markets. 3. 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. 7%; Brisb off 1. Master Your Unstoppable Mindset. this conversation. *Potential for another RBA hiking cycle >4%. 3%. “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. “Morning!” 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…” Honestly, we hit the limit current incomes can support. The Australian Financial. 7%. 4. “Morning!”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. @cjoye. Strong academic credentials, but limited real world experience. Replying to . afr. Key takeaways * 15-20% peak to trough in Australian housing prices remains the view. Games fiasco will leave business shaking its head at Victorian farce. @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. We would like to show you a description here but the site won’t allow us. 7% on 376 auctions (@corelogicau) vs 49. The real problem, people still spending and employment strong. 1:24 AM · Jul 9, 2023 · 10. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. @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. This will bring the RBA much closer to global central banks like BoE at 4. ConversationA not so tiny drop in some parts of the country. Drone operator Christopher Joye posted. 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. 2B cash! @cjoye Aussie house prices now correcting fast as rates rise, led by Sydney and Melbourne: RBA will struggle to lift past 1. 7% in July; Melbourne prices down 1. Australian money is rushing out of the crypto exchange, and customers are willing to accept a big haircut to cash out their holdings. 3:30 AM · May 20, 2022 · Twitter Web App. @cjoye. This will in turn demand radical attitudinal change. 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. ALT. 2%. Likes. Hard to start a business or buy your first home if you can’t borrow money anywhere”“Aussie house prices moving sideways in February month to date, which is interesting. 2 days ago. “@bluntman_eth @Tombeecon @cjoye So they just entered the real estate market. “@cjoye Step forward for transparency, but still doesn’t stop more/different things being said in other forums (or by other RBA officials). House price declines not likely to slow until RBA stops hiking. See new Tweets. We would like to show you a description here but the site won’t allow us. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App @cjoye Aussie house price update to 25 July: Sydney prices down 1. Find great real estate professionals on Zillow like cjoyeThere are 9 words found that match your query. 8:58 PM · Oct 5, 2022 · Twitter Web App. @Dante57112893. “GS: Australian capital-city dwelling prices rose +0. 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. It's very unstable at the street level. macrobusiness. Bank of M&D or other exogenous injections can only go so far. 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 . A controversial article by Christopher Joye, an outspoken investment portfolio manager and columnist for the Australian Financial Review, has. . 9:26 PM · Aug 15, 2022 · Twitter Web App. 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). It’s like the economy has cancer and our doctors wants to stop treatment caus. 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. Sign upWe would like to show you a description here but the site won’t allow us. 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. 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. Sign up Day of valuations reckoning looms for commercial real estate owners, valuers and auditors. We would like to show you a description here but the site won’t allow us. Sydney house prices plummet like it's 1983. “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. christopher joye on Twitter: "A property I heard about was. Some areas down -25. 85% to 4. 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. Verified account Protected Tweets @; Suggested usersWe 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. “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. Log in. Log inWe would like to show you a description here but the site won’t allow us. “GS: Australian capital-city dwelling prices rose +0. 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). We would like to show you a description here but the site won’t allow us. what you choose? We would like to show you a description here but the site won’t allow us. christopher joye on Twitter: "Credit Suisse trying to squeeze. 6 billion Snowy Hydro… We've been forecasting a US recession since Jan 2022, which the market has recently converged on. . @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. . @cjoye Sydney house prices have fallen 11. We now expect Australia's #housing prices to fall nearly 20%, before a modest recovery in 2024 as mortgage rates fall. Sydney house prices plummet like it's 1983 - MacroBusiness. afr. Someone did the math on how the housing ponzi affects this generation compared to the days of old. christopher joye @cjoye. The quarterly pace of decline accelerated to. @cjoye. “India is an important ally that can’t be trusted Replying to @cjoye Usecases for blockchain are only limited by the imagination. com. It would not shock me for people in 2034 to be asking "is this the year Australian property prices finally see gains?". 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. And inflation isn't coming down anytime soon with rents increasing Rate cuts in 2023 will simply shoot inflation back up. christopher joye on Twitter. @cjoye In an apartment complex of 100, it only takes 2 or 3 sales to mark down the whole 100. The latest tweets from @cjoye christopher joye. 2%. “@BruceMeaney @cjoye I don’t know if it’s good. 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%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. Victoria's annual interest bill on its debt will rise towards $9 billion/yr by 2027 according to CBA analysis. Verified account Protected Tweets @; Suggested users In this conversation. Sydney (+1. Funny thing is many keep saying it hasn't crashed yet. 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. 5%; 5 capital cities have fallen 3. 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). 04 Jun 2023 22:01:37We would like to show you a description here but the site won’t allow us. 6 billion Snowy Hydro…We've been forecasting a US recession since Jan 2022, which the market has recently converged on. )”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. Both of which disproportionately affect the bottom 50% of households. House prices fell at slightly slower rate in Oct, with 5 city index from @corelogicau losing 1. @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. Replying to. 3%, Melbourne/Brissie both down 6. We would like to show you a description here but the site won’t allow us. Log in. com. “Aussie house price crash about to pass through all-time record of an 11% peak-to-trough loss. Show more". Interesting. 4% this time last yr. ConversationSee new Tweets. 0% (0. Sign upIn this conversation. . 1. @cjoye. Sitting on $6. The wage costs for businesses producing products is far too high and can only be addressed by greater productivity, which means fewer workers. Sign upchristopher joye @cjoye. Last Friday was a normal day for us: we did about $450m of trades, and I actively directed ~$300m of them. 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. 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. Aug 16. Job cuts over 18mo. Log in. ”While lots of people talk about the risk of war without actually understanding the odds, new research sheds light on the probability of major power conflict. ”Log in. This marks a turning point in your powers. 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. 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. . Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. Replying to. We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersIn this conversation. 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 now expect Australia's #housing prices to fall nearly 20%, before a modest recovery in 2024 as mortgage rates fall. Redirecting to /cjoye/status/1675386755422494722Embed Tweet. The stunning incident occurred in the waters off Werri Beach in New South Wales on Sunday and was captured on video. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. 1%. We would like to show you a description here but the site won’t allow us. Prepare for equities and property pain. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. 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. 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. 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. 5%. 10% in more pain for borrowers and home owners. 7% in July; Melbourne prices down 1. #ausecon @felicity_emmett @AdelaideTimbrel. . Property is ‘sleepwalking’ towards its biggest test since the GFC. 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. Verified account Protected Tweets @; Suggested [email protected]! From US2yr notes to the Russell2000 and Peleton, Netflix, AfterPay etc etc etc. “@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. 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. In this conversation. @parrapower2022 @solo_dio_ @rabbit_wealth @AvidCommentator @BikoKonstantin1 @Aus__Property @rabbit_wealth @justthink1 @cjoye . 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. 30 Nov 2022 01:03:22@cjoye. christopher joye on Twitter: "Morning!" / Twitter. 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. Verified account Protected Tweets @; Suggested users“@cjoye plenty of illiquidity in the big super funds non-listed assets. In this conversation. We would like to show you a description here but the site won’t allow us. It’s funny because traders on the street know that on Friday mornings, I will be buried in one. 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. 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. In levels terms, capital-city dwelling prices…”@cjoye. 0%), Melbourne (-7. We would like to show you a description here but the site won’t allow us. . Log in. 1KWe would like to show you a description here but the site won’t allow us. 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. 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. christopher joye. Sign upWe 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. Replying to @cjoye @Harold36089778. Honestly, we hit the limit current incomes can support. Drone pilot Christopher Joye, who captured the footage, said: "Swimmers would not believe there was a. We would like to show you a description here but the site won’t allow us. Discerning Coins for example is a new way of collecting coins - using the blockchain! Chris, we've talked about this. 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. @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. 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. The real problem, people still spending and employment strong. 4%mom) and Melbourne (+0. We would like to show you a description here but the site won’t allow us. christopher joye on Twitter. Sign up“@mitch_dol @cjoye @TomInvesting This is the Jan REINZ HPI Index developed with our RBNZ. 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. Retweets. ”We would like to show you a description here but the site won’t allow us. Sign upLog in. 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. 76% from 0. 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. 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. There was only one way to go. 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. We would like to show you a description here but the site won’t allow us. True, but houses / home units are hard to beat. 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. 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. Given the number of markets that have had this set up and tanked. 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. States need fiscal revolution to avoid debt bomb - our analysis on NSW and Victoria. 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. 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. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. It’s funny because traders on the street know that on Friday. 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. I doubt the rise over the previous Q was sustainable, given the reduction in borrowing power. 1 million in crypto cant be withdrawn on FTX- $13. 65% in November. 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. Replying to @cjoye @Harold36089778. Verified account Protected Tweets @; Suggested users “Worst house price declines in 42 years, with more to come. Quote Tweet. 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. We would like to show you a description here but the site won’t allow us. May 15, 2023 - 9:29AM. afr. Rebounding asset prices would keep inflation - and rates - higher for longer. christopher joye on Twitter. “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. I'm often asked how much time/effort it takes to write an AFR column. 04 May 2023 06:47:40Log in. . . ”We would like to show you a description here but the site won’t allow us. @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. This is 70s. 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. So presumably brought their first home. Found. 3. We would like to show you a description here but the site won’t allow us. 4%. @cjoye. We would like to show you a description here but the site won’t allow us. Even with yields down. 7% in 11 days of Aug); Melb down 3. There was only one way to go. Prepare for equities and property pain - my analysis. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. Plus ,Bitcoin and Ethereum are down less than tech stocks. Grrrr”“@cjoye Thoughts on bank and esp. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. “Good morning!” In this conversation. @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. We would like to show you a description here but the site won’t allow us. No wonder RBA is slowing down. Bang on our forecast for 15-25% cumulative loss. We would like to show you a description here but the site won’t allow us. “@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. We would like to show you a description here but the site won’t allow us. Our predicted housing recovery continues @FinancialReview (Prelim. ↑ Joye, Christopher. 11. In this conversation. Australia needs to produce more with fewer people. “@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. @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. They all have movies on Netflix, and Netflix is down 80%. . @cjoye Sydney house prices have fallen 11. @cjoye. com. christopher joye. Quote Tweet. 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. “Good morning!”In this conversation. Especially as pandemic funding measures end”House prices to get whacked by rates again: If the cash rate does indeed hit 4. Youre allowed to tweet at new cycle-low milestones only. 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. “@cjoye @PeteWargent Both this and Labor shared equity policy are attempts to shore up supporter bases/buy votes. 6%mom) prices led the increase. “Pretty clear RBA has been spooked by house price collapse, which is only going to get worse”christopher joye on Twitter. 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. What’s the result?”We would like to show you a description here but the site won’t allow us. . Found. 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. 9% vs 56. We would like to show you a description here but the site won’t allow us. . “Super strong US employment data will embolden Fed to push to 5. 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. Sign upWe would like to show you a description here but the site won’t allow us. Forecast looks good. In this conversation. Massive portion of the population realising they are not going to achieve an acceptable basic standard of living. However, the. “@TvcMike @cjoye tech/growth/risk assets, makes any real sense. We have unscrambled the letters cjoye (cejoy) to make a list of all the word combinations found in the popular word scramble. ”We would like to show you a description here but the site won’t allow us. .