”Log in. Job cuts over 18mo. LNP for all its 'hawkishness' over China refused to develop onshore manufacturing for fear of unions. We would like to show you a description here but the site won’t allow us. @cjoye And then the currency will fall, inflation will accelerate and rates will need to go even higher than they would’ve needed to in the first place. ConversationSee new Tweets. We would like to show you a description here but the site won’t allow us. . 3. . 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. 1:24 AM · Jul 9, 2023 · 10. In levels terms, capital-city dwelling prices…”@cjoye. . then the printing starts again leading to further dilution of currency . Sydney house prices plummet like it's 1983. 0%), Melbourne (-7. com. We would like to show you a description here but the site won’t allow us. 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. Verified account Protected Tweets @; Suggested users In this conversation. “@cjoye Japan took over 10 years from peak to 'bottom' with a similar size bubble. 2B cash! @cjoye Aussie house prices now correcting fast as rates rise, led by Sydney and Melbourne: RBA will struggle to lift past 1. Melb also up: 67. Bang on our forecast for 15-25% cumulative loss. 04 May 2023 06:47:40Log in. Sydney (+1. Games fiasco will leave business shaking its head at Victorian farce. See new Tweetschristopher joye on Twitter: "RT @eurekareport: On Talking Finance this week with @AlanKohler: central banks face a longer, harder task to get inflation down; dodging an Australian recession; an inflationary budget & opposition in the opposition ft. 3%. 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. No wonder RBA is slowing down. We would like to show you a description here but the site won’t allow us. Log in. macrobusiness. 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. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. We would like to show you a description here but the site won’t allow us. Forecast looks good. 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. 5% pa, or 2. In this conversation. OAKVILLE, ON — September 1, 2022 — Today marks the start of a new chapter for JOY RADIO (CJYE) as it unveils not only a new look, but a new feel to their. @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. @cjoye. @cjoye. We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersSign up. We would like to show you a description here but the site won’t allow us. Interesting. ly/3pmX9Dk. Show more". The wage costs for businesses producing products is far too high and can only be addressed by greater productivity, which means fewer workers. 4% pa return. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. This will in turn demand radical attitudinal change from entitled millennials who have never experienced high…. 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 users“@cjoye plenty of illiquidity in the big super funds non-listed assets. ”We would like to show you a description here but the site won’t allow us. 28. This will in turn demand radical attitudinal change. 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. 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. christopher joye on Twitter. ”“@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. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. @cjoye. Replying to . …”We would like to show you a description here but the site won’t allow us. christopher joye on Twitter. 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. 0% (0. It would not shock me for people in 2034 to be asking "is this the year Australian property prices finally see gains?". In this conversation. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. Sign upWe would like to show you a description here but the site won’t allow us. Sign up Day of valuations reckoning looms for commercial real estate owners, valuers and auditors. 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). “The RBA is hierarchical, insular, supercilious, hubristic, resistant to outside influence, and exceptionally slow to recognise and respond to its own mistakes. Log inchristopher joye @cjoye 7h One of the more interesting questions going around is whether bonds issued for environment, social and/or governance (ESG) purposes attract a lower. Well done. Sign upWe 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. 2:58 AM · Jun 30, 2023. This is deflationary. Binance Australia selling bitcoin $6k cheaper than other exchanges. 4. Log in. But with a referendum and election coming in the next 12 months, in addition to a $19b surplus. Binance Australia selling bitcoin $6k cheaper than other exchanges. 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) . Aug 16. Visit cjoye's profile on Zillow to find ratings and reviews. new Tweets. First miss on EPS since IPO, I think. “GS: Australian capital-city dwelling prices rose +0. Aussie house prices fell in 2022 by their largest margin since records began in 1980. 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. 3%, Melbourne/Brissie both down 6. Some areas down -25. christopher joye. Jerome Nugent-Smith. “@bluntman_eth @Tombeecon @cjoye So they just entered the real estate market. The real problem, people still spending and employment strong. Log in. Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. christopher joye on Twitter: "Morning!" / Twitter. 6% for one year but if taken from the peak in Sept 21 its -30% plus. ConversationA not so tiny drop in some parts of the country. “India is an important ally that can’t be trusted Replying to @cjoye Usecases for blockchain are only limited by the imagination. Retweets. We would like to show you a description here but the site won’t allow us. Sydney prices have fallen by 11. 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. We would like to show you a description here but the site won’t allow us. Given the number of markets that have had this set up and tanked. There was only one way to go. 4%mom) and Melbourne (+0. 4%mom) and Melbourne (+0. they all roll over the same. 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. 7% in 11 days of Aug); Melb down 3. 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. 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. 65% in November. would like to show you a description here but the site won’t allow us. com. @cjoye Sydney house prices have fallen 11. Redirecting to /cjoye/status/1675386755422494722Embed Tweet. We would like to show you a description here but the site won’t allow us. ”“With an inflation-targeting central bank, cash is actually one of your best inflation hedges”See new Tweets. The news is not good: "We construct a new ‘weighted-median’ measure of…” Honestly, we hit the limit current incomes can support. 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 upSee new Tweets. 5%; 5 capital cities have fallen 3. This chart from Bloomberg provides a good summary of consensus estimates. We now expect Australia's #housing prices to fall nearly 20%, before a modest recovery in 2024 as mortgage rates fall. Log inWe would like to show you a description here but the site won’t allow us. . @cjoye, @masters_joanne, @ImpactEconAU & @markgkenny. Higher long-term risk-free cash rates are going to create a protracted pain trade for risky assets. ”Log in. 1. Sign upWe would like to show you a description here but the site won’t allow us. 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. “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. Both of which disproportionately affect the bottom 50% of households. . This marks a turning point in your powers. 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. *Potential for another RBA hiking cycle >4%. Verified account Protected Tweets @; Suggested usersLog in. Our predicted housing recovery continues @FinancialReview (Prelim. We would like to show you a description here but the site won’t allow us. Replying to. @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. 18 Jul 2023 02:09:39. Funny thing is many keep saying it hasn't crashed yet. Youre allowed to tweet at new cycle-low milestones only. 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. ConversationSee new Tweets. ”We would like to show you a description here but the site won’t allow us. And homes are still priced above Covid levels. 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. 1:56 AM · Jul 29, 2022 · Twitter Web App. Replying to . Sign upWe 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. 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. 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. In this conversation. This is 70s. Australia faces "largest and longest house price correction in history" - MacroBusiness. Grrrr”“@cjoye Thoughts on bank and esp. 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. Your chart is pretty much 12 months already. 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. . Sydney house prices plummet like it's 1983 - MacroBusiness. Replying to @cjoye @Harold36089778. 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. Even with yields down. ”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. The latest tweets from @cjoye christopher joye. 76% from 0. Don’t know anyone else that predicted that. The Australian Financial. christopher joye on Twitter. . “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. Verified account Protected Tweets @; Suggested [email protected]! From US2yr notes to the Russell2000 and Peleton, Netflix, AfterPay etc etc etc. 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. We would like to show you a description here but the site won’t allow us. 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. 7% on 376 auctions (@corelogicau) vs 49. com. 2m are customer assets. . ”We would like to show you a description here but the site won’t allow us. 1%; Brisbane prices down 0. com. Replying to @cjoye @Harold36089778. I am not a house price bull. We would like to show you a description here but the site won’t allow us. Key takeaways * 15-20% peak to trough in Australian housing prices remains the view. 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. This will. We await policy details to review our outlook". Sign up“@cjoye People keep in mind the huge upswing the housing market had pre covid. The quarterly pace of decline accelerated to. 92. . FML 🫠”“@cjoye Too corrupt and too much poverty. We would like to show you a description here but the site won’t allow us. ” christopher joye on Twitter: "Good morning!" / Twitter. We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersIn this conversation. 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. 9:26 PM · Aug 15, 2022 · Twitter Web App. christopher joye on Twitter: "Morning!" / Twitter. Log inWe would like to show you a description here but the site won’t allow us. 7%. I'm often asked how much time/effort it takes to write an AFR column. See new Tweets. May 2. This will bring the RBA much closer to global central banks like BoE at 4. It’s funny because traders on the street know that on Friday. 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. “Real interest rate hammer has yet to fall would like to show you a description here but the site won’t allow us. 6%; 5 city index prices down 1. Log in. christopher joye on Twitter. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. 85% to 4. “Why is Bitcoin back down at US$22k?”“@cjoye You should dissect Aus equities vs S&P500. 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. “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. You've reached your limit when it comes to tweeting about bitcoin being under $20k. “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. Fun interview with nabtrade on bond markets. We would like to show you a description here but the site won’t allow us. Australia needs to produce more with fewer people. “@BruceMeaney @cjoye I don’t know if it’s good. 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. Massive portion of the population realising they are not going to achieve an acceptable basic standard of living. christopher joye on Twitter: "Credit Suisse trying to squeeze. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App@cjoye Aussie house price update to 25 July: Sydney prices down 1. Drone operator Christopher Joye posted. So presumably brought their first home. We would like to show you a description here but the site won’t allow us. Log in. “Aussie house price crash about to pass through all-time record of an 11% peak-to-trough loss. 7% in July; Melbourne prices down 1. We would like to show you a description here but the site won’t allow us. “@TvcMike @cjoye tech/growth/risk assets, makes any real sense. “@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. We would like to show you a description here but the site won’t allow us. Property is ‘sleepwalking’ towards its biggest test since the GFC. . 9:35 PM · Aug 9, 2022 · Twitter Web App. 25pc and possibly beyond, also raising risk RBA hikes past 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. We would like to show you a description here but the site won’t allow us. 5%, the…. “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. Logically can't happen. Interest rates have soared, but commercial property values have barely moved. Like. Aussie housing collapse spreads as Brisbane joins the Sydney and Melbourne crash bit. 30 Nov 2022 01:03:22@cjoye. “@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. 4%. Property is ‘sleepwalking’ towards its biggest test since the GFC. 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. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. Australia experiences worst house price falls in 42 years, with more to come. “The “family finances vs a year ago” sub-index dropped 8% in February, to 62. Sign upLog in. We reap what we sow. 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. @cjoye yep, thats the point. 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. True, but houses / home units are hard to beat. 2 days ago. ”christopher joye on Twitter: "Good morning!" / Twitter. Retweets. . “House price crash update: Syd prices down 6. First time I've properly suited up in a long while. Especially as pandemic funding measures end”House prices to get whacked by rates again: If the cash rate does indeed hit 4. 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. afr. Retweets. “Super strong US employment data will embolden Fed to push to 5. @cjoye Sydney house prices have fallen 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. 10:21 PM · Jul 8, 2022 · Twitter for iPhone. Stock up 18%. We would like to show you a description here but the site won’t allow us. I believe this includes offset accounts. 1KWe would like to show you a description here but the site won’t allow us. In this conversation. A controversial article by Christopher Joye, an outspoken investment portfolio manager and columnist for the Australian Financial Review, has. @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. 1%. I'm often asked how much time/effort it takes to write an AFR column. Strong academic credentials, but limited real world experience. 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. Sydney (+1. . In this conversation. @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. com. Huobi announced $18. @cjoye. 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. . afr. We would like to show you a description here but the site won’t allow us. “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. ↑ Joye, Christopher. May 15, 2023 - 9:29AM. 2 days ago. . . 4% this time last yr. com. @Dante57112893. 10% in more pain for borrowers and home owners. 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. It'll work right up until the point it is discovered that debt outstrips M2 money by a factor of 10:1 . While all costs (interest, rates, land tax, utility, body corp, maintenance) are against investors, 2m deposit gives u 100k effortless money. this conversation. House prices fell at slightly slower rate in Oct, with 5 city index from @corelogicau losing 1. christopher joye. @TheKouk · Jul 8. “@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. @cjoye/Twitter) Shark clamps onto diver's leg as blood and screams pour out in attack video. Plus ,Bitcoin and Ethereum are down less than tech stocks. @cjoye. 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. "@wmdglasgow Yes, @cjoye is one of our best journalists" (Tweet) – via Twitter. Verified account Protected Tweets @; Suggested usersIn this conversation. 16 May 2023 00:02:27“Aussie house prices fall another >1% in November, total loss now 7. macrobusiness.