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. Sign upDay 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. We would like to show you a description here but the site won’t allow us. ”christopher joye on Twitter: "Good morning!" / Twitter. 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). We would like to show you a description here but the site won’t allow us. 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. 65% in November. Australia faces "largest and longest house price correction in history" - MacroBusiness. Verified account Protected Tweets @; Suggested users“Worst house price declines in 42 years, with more to come. . Discerning Coins for example is a new way of collecting coins - using the blockchain! Chris, we've talked about this. A controversial article by Christopher Joye, an outspoken investment portfolio manager and columnist for the Australian Financial Review, has. “GS: Australian capital-city dwelling prices rose +0. 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. May 2. 76% from 0. In this conversation. “Good morning!”In this conversation. 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. Sign up“@mitch_dol @cjoye @TomInvesting This is the Jan REINZ HPI Index developed with our RBNZ. This marks a turning point in your powers. The latest tweets from @cjoye Dante. “Bitcoin down at US$20k again, but Aussie house prices stabilising once more while equities tank. “@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. 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. ”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. . . Even with yields down. “The RBA is hierarchical, insular, supercilious, hubristic, resistant to outside influence, and exceptionally slow to recognise and respond to its own mistakes. 0 replies 0 retweets 8 likes. “Morning!” We would like to show you a description here but the site won’t allow us. Australia needs to produce more with fewer people. ”We would like to show you a description here but the site won’t allow us. @parrapower2022 @solo_dio_ @rabbit_wealth @AvidCommentator @BikoKonstantin1 @Aus__Property @rabbit_wealth @justthink1 @cjoye . 7%. com. Sign upchristopher joye @cjoye. 1%, bringing total decline to 6. 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. @cjoye/Twitter) Shark clamps onto diver's leg as blood and screams pour out in attack video. 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. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersLog in. We would like to show you a description here but the site won’t allow us. May 15, 2023 - 9:29AM. . 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. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. 7% on 376 auctions (@corelogicau) vs 49. ” christopher joye on Twitter: "Good morning!" / Twitter. Jerome Nugent-Smith. 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. We would like to show you a description here but the site won’t allow us. First time I've properly suited up in a long while. au. 6pc. In this conversation. 2B cash! @cjoye Aussie house prices now correcting fast as rates rise, led by Sydney and Melbourne: RBA will struggle to lift past 1. “Bitcoin down at US$20k again, but Aussie house prices stabilising once more while equities tank. “ANZ's David Plank and Jack Chambers have today updated their RBA QE3 forecast to a potential program that could be as large as $189 billion, bringing them in line with Westpac's Bill Evans who is projecting a $150bn program for QE3 @Johnkehoe23 @ANZ_Newsroom @WestpacMacro”We would like to show you a description here but the site won’t allow us. *Potential for another RBA hiking cycle >4%. Sign upWe would like to show you a description here but the site won’t allow us. . ConversationSee new Tweets. Retweets. States need fiscal revolution to avoid debt bomb - our analysis on NSW and Victoria. Interesting. 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. com. 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. We would like to show you a description here but the site won’t allow us. 4% followed by Brisbane (-8. Grrrr”“@cjoye Thoughts on bank and esp. Likes. @cjoye. Verified account Protected Tweets @; Suggested usersSign up. 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. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. christopher joye on Twitter: "Credit Suisse trying to squeeze. 1 million in crypto cant be withdrawn on FTX- $13. “@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. 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. Don’t know anyone else that predicted that. We would like to show you a description here but the site won’t allow us. @cjoye. Property is ‘sleepwalking’ towards its biggest test since the GFC. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. . We would like to show you a description here but the site won’t allow us. Log in. Investors want little to do with a sector heading for a big dose of reality. “The “family finances vs a year ago” sub-index dropped 8% in February, to 62. 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. #ausecon @felicity_emmett @AdelaideTimbrel. Redirecting to /cjoye/status/1675386755422494722 Embed Tweet. 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. Verified account Protected Tweets @; Suggested [email protected]! From US2yr notes to the Russell2000 and Peleton, Netflix, AfterPay etc etc etc. We would like to show you a description here but the site won’t allow us. Sydney prices have fallen by 11. The Australian Financial. The news is not good: "We construct a new ‘weighted-median’ measure of…” Honestly, we hit the limit current incomes can support. Aussie housing collapse spreads as Brisbane joins the Sydney and Melbourne crash bit. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. “@cjoye Step forward for transparency, but still doesn’t stop more/different things being said in other forums (or by other RBA officials). We would like to show you a description here but the site won’t allow us. “@cjoye @PeteWargent Both this and Labor shared equity policy are attempts to shore up supporter bases/buy votes. We would like to show you a description here but the site won’t allow us. 25pc and possibly beyond, also raising risk RBA hikes past 3. 5%; 5 capital cities have fallen 3. We would like to show you a description here but the site won’t allow us. See new Tweets. ”“With an inflation-targeting central bank, cash is actually one of your best inflation hedges”See new Tweets. In this conversation. Sign upIn this conversation. @cjoye. “Good morning!” In this conversation. and @Johnkehoe23. Embarrassingly wrong. “@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. Funny thing is many keep saying it hasn't crashed yet. A 30year investment for most. Lower bound of our 15-25pc forecast correction could be an optimistic outcome…”Log in. Verified account Protected Tweets @; Suggested usersIn this conversation. Prepare for equities and property pain. We would like to show you a description here but the site won’t allow us. Like. We would like to show you a description here but the site won’t allow us. 4%mom) and Melbourne (+0. ”We would like to show you a description here but the site won’t allow us. com. Fantastic lunch event with Chris Joye @cjoye and Coolibah Capital today in Perth. 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. 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. christopher joye. What’s the result?”We would like to show you a description here but the site won’t allow us. Log in. 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. & 50% are admin. 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. "We would like to show you a description here but the site won’t allow us. @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. 1:56 AM · Jul 29, 2022 · Twitter Web App. IR here are… Show more . 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. Try and think of the whole story not the macro people want you to hear and fear”In this conversation. ALT. Higher long-term risk-free cash rates are going to create a protracted pain trade for risky assets. It would not shock me for people in 2034 to be asking "is this the year Australian property prices finally see gains?". @cjoye Sydney house prices have fallen 11. 5%. 5k USD when you started this fund in May 2020. While all costs (interest, rates, land tax, utility, body corp, maintenance) are against investors, 2m deposit gives u 100k effortless money. 6%; 5 city index prices down 1. Sydney (+1. christopher joye on Twitter. new Tweets. We would like to show you a description here but the site won’t allow us. 7% in 11 days of Aug); Melb down 3. 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. 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. Captain Slapstick AC AO AM OAM AK @CaptSlapstick · 6h. @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. ·. @cjoye In an apartment complex of 100, it only takes 2 or 3 sales to mark down the whole 100. christopher joye. . “@cjoye Sir. We would like to show you a description here but the site won’t allow us. Master Your Unstoppable Mindset. 1. 1. It’s like the economy has cancer and our doctors wants to stop treatment caus. 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. 28. . @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. Sign upWe 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. . 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. @cjoye. By Huobi announced $18. Quote Tweet. “@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. Binance Australia selling bitcoin $6k cheaper than other exchanges. afr. We would like to show you a description here but the site won’t allow us. ”“@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. 8:58 PM · Oct 5, 2022 · Twitter Web App. We would like to show you a description here but the site won’t allow us. christopher joye on Twitter: "Morning!" / Twitter. Replying to . “India is an important ally that can’t be trusted Replying to @cjoye Usecases for blockchain are only limited by the imagination. 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). 3. ”We would like to show you a description here but the site won’t allow us. 4%. ”We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested users“@cjoye plenty of illiquidity in the big super funds non-listed assets. 7% in July; Melbourne prices down 1. @cjoye. We would like to show you a description here but the site won’t allow us. There was only one way to go. @cjoye Sydney house prices have fallen 11. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. 85% to 4. We now expect Australia's #housing prices to fall nearly 20%, before a modest recovery in 2024 as mortgage rates fall. #ausecon @felicity_emmett @AdelaideTimbrel. I'm often asked how much time/effort it takes to write an AFR column. Australia experiences worst house price falls in 42 years, with more to come. We would like to show you a description here but the site won’t allow us. 2m are customer assets. 3. @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. “Pretty clear RBA has been spooked by house price collapse, which is only going to get worse”christopher joye on Twitter. 2%. Sitting on $6. Prepare for equities and property pain - my analysis. 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. But with a referendum and election coming in the next 12 months, in addition to a $19b surplus. )”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. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. In this conversation. We await policy details to review our outlook". afr. 3. @Dante57112893. 16 May 2023 00:02:27“Aussie house prices fall another >1% in November, total loss now 7. 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. 3%. We would like to show you a description here but the site won’t allow us. 7%; Brisb off 1. “@TvcMike @cjoye tech/growth/risk assets, makes any real sense. We now expect Australia's #housing prices to fall nearly 20%, before a modest recovery in 2024 as mortgage rates fall. @cjoye, @masters_joanne, @ImpactEconAU & @markgkenny. 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. Replying to . Log in. Rebounding asset prices would keep inflation - and rates - higher for longer. 18 Jul 2023 02:09:39. 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. Verified account Protected Tweets @; Suggested users “Worst house price declines in 42 years, with more to come. There was only one way to go. ”Log in. This will in turn demand radical attitudinal change. 1. We would like to show you a description here but the site won’t allow us. The real problem, people still spending and employment strong. 6%; 5 city index prices down 1. This will. . Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. 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. We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersIn this conversation. Both of which disproportionately affect the bottom 50% of households. “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. The real problem, people still spending and employment strong. Property is ‘sleepwalking’ towards its biggest test since the GFC. Australia needs to produce more with fewer people. . @cjoye was one of the few to go against this IIRC. “@cjoye Japan took over 10 years from peak to 'bottom' with a similar size bubble. Log in. “Super strong US employment data will embolden Fed to push to 5. 4% this time last yr. ly/3pmX9Dk. 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. 6% for one year but if taken from the peak in Sept 21 its -30% plus. 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. 5% plus 1% productivity. Massive portion of the population realising they are not going to achieve an acceptable basic standard of living. 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). 3:30 AM · May 20, 2022 · Twitter Web App. Honestly, we hit the limit current incomes can support. 4%mom) and Melbourne (+0. Strong academic credentials, but limited real world experience. 2 days ago. 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. macrobusiness. We would like to show you a description here but the site won’t allow us. Found. Sydney house prices plummet like it's 1983. Fun interview with nabtrade on bond markets. @cjoye. “@KurtMickan @cjoye If the current conditions remain I would expect prices to fall. Some areas down -25. Youre allowed to tweet at new cycle-low milestones only. Stock up 18%. Bank of M&D or other exogenous injections can only go so far. 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. Sydney is off 10. Conversation. 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. It's very unstable at the street level. “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. We would like to show you a description here but the site won’t allow us. “@bluntman_eth @Tombeecon @cjoye So they just entered the real estate market. 2 days ago. It’s funny because traders on the street know that on Friday mornings, I will be buried in one. @cjoye. Sydney (+1. 6 billion Snowy Hydro…We've been forecasting a US recession since Jan 2022, which the market has recently converged on. Quote Tweet. This is deflationary. 3%, Melbourne/Brissie both down 6. Found. 6%mom) prices led the increase. 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. 4. Immigration is still big in Aus. …”We would like to show you a description here but the site won’t allow us. 1%. In levels terms, capital-city dwelling prices…”@cjoye. 11. 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. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App@cjoye Aussie house price update to 25 July: Sydney prices down 1. 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. I suspect the increased earnings (and potentially profit) of the big players in ASX 200 might offset increases in discount rates. This will bring the RBA much closer to global central banks like BoE at 4. 2:58 AM · Jun 30, 2023. 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. 1% in 2020 drove Aussie houses prices 37% higher. @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. I am not a house price bull. 1. Drone operator Christopher Joye posted. Sign up“@cjoye People keep in mind the huge upswing the housing market had pre covid. 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. 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. estimates will revise down a bit. Last Friday was a normal day for us: we did about $450m of trades, and I actively directed ~$300m of them. . 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. I believe this includes offset accounts. Log in. Redirecting to /cjoye/status/1675386755422494722Embed Tweet. @cjoye yep, thats the point. . . Log in. Games fiasco will leave business shaking its head at Victorian farce. We would like to show you a description here but the site won’t allow us. Aug 16. And homes are still priced above Covid levels. Sign upLog in. Verified account Protected Tweets @; Suggested users“@cjoye @ALeighMP @Charlton_AB @DanielMulinoMP @AlboMP @JEChalmers Genuine question/thought. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. This will in turn demand radical attitudinal change from entitled millennials who have never experienced high…. 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. And inflation isn't coming down anytime soon with rents increasing Rate cuts in 2023 will simply shoot inflation back up. 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 upIn this conversation. 5% pa, or 2. We would like to show you a description here but the site won’t allow us. Melb also up: 67. 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. FML 🫠”“@cjoye Too corrupt and too much poverty.