Log in. Verified account Protected Tweets @; Suggested users “Worst house price declines in 42 years, with more to come. Victoria's annual interest bill on its debt will rise towards $9 billion/yr by 2027 according to CBA analysis. 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. 65% in November. 7% in July; Melbourne prices down 1. . 10% in more pain for borrowers and home owners. . 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. com. 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. Property is ‘sleepwalking’ towards its biggest test since the GFC. The wage costs for businesses producing products is far too high and can only be addressed by greater productivity, which means fewer workers. Australia experiences worst house price falls in 42 years, with more to come. christopher joye on Twitter. 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. We would like to show you a description here but the site won’t allow us. 5k USD when you started this fund in May 2020. 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. au. We would like to show you a description here but the site won’t allow us. au. We would like to show you a description here but the site won’t allow us. 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. We would like to show you a description here but the site won’t allow us. christopher joye @cjoye. 4%mom) and Melbourne (+0. But with a referendum and election coming in the next 12 months, in addition to a $19b surplus. 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. 4%. Sydney is off 10. Retweets. This will be record housing crash, 100% triggered by rate hikes -. afr. 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. Bang on our forecast for 15-25% cumulative loss. 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. Log in. 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. Youre allowed to tweet at new cycle-low milestones only. 4% pa return. Aussie house prices fell in 2022 by their largest margin since records began in 1980. ly/3pmX9Dk. We would like to show you a description here but the site won’t allow us. . Replying to @cjoye @Harold36089778. 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. christopher joye. Verified account Protected Tweets @; Suggested usersWe 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. 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. 5%, the Bank of Canada at 4. . We would like to show you a description here but the site won’t allow us. Sign upDay of valuations reckoning looms for commercial real estate owners, valuers and auditors. This marks a turning point in your powers. Forecast looks good. House prices fell at slightly slower rate in Oct, with 5 city index from @corelogicau losing 1. Found. @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. Sitting on $6. 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. “@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. @cjoye. Aug 16. 76% from 0. We have unscrambled the letters cjoye (cejoy) to make a list of all the word combinations found in the popular word scramble. christopher joye on Twitter: "A property I heard about was. We would like to show you a description here but the site won’t allow us. I believe this includes offset accounts. @parrapower2022 @solo_dio_ @rabbit_wealth @AvidCommentator @BikoKonstantin1 @Aus__Property @rabbit_wealth @justthink1 @cjoye . 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. Log in. 6%; 5 city index prices down 1. You've reached your limit when it comes to tweeting about bitcoin being under $20k. 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. Sign upIn this conversation. Sign upWe would like to show you a description here but the site won’t allow us. estimates will revise down a bit. This will be record housing crash, 100% triggered by rate hikes - it has only just started. com. 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. We would like to show you a description here but the site won’t allow us. “Bitcoin down at US$20k again, but Aussie house prices stabilising once more while equities tank. We would like to show you a description here but the site won’t allow us. 7%. 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. Strong academic credentials, but limited real world experience. @cjoye/Twitter) Shark clamps onto diver's leg as blood and screams pour out in attack video. 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. would like to show you a description here but the site won’t allow us. @cjoye @PodcastFear. Well done. @cjoye, @masters_joanne, @ImpactEconAU & @markgkenny. 85% to 4. Log inWe 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. 0%), Melbourne (-7. Bank of M&D or other exogenous injections can only go so far. In 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. ”“With an inflation-targeting central bank, cash is actually one of your best inflation hedges”See new Tweets. “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. We would like to show you a description here but the site won’t allow us. . 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. 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). 7% on 376 auctions (@corelogicau) vs 49. @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. 16 May 2023 00:02:27“Aussie house prices fall another >1% in November, total loss now 7. macrobusiness. We would like to show you a description here but the site won’t allow us. “@cjoye Sir. 1:56 AM · Jul 29, 2022 · Twitter Web App. Sign upLog in. @cjoye. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. @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. 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. We would like to show you a description here but the site won’t allow us. 2 days ago. It’s funny because traders on the street know that on Friday mornings, I will be buried in one. Plus ,Bitcoin and Ethereum are down less than tech stocks. #ausecon @felicity_emmett @AdelaideTimbrel. Lower bound of our 15-25pc forecast correction could be an optimistic outcome…”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. 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. Someone did the math on how the housing ponzi affects this generation compared to the days of old. 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. 9:35 PM · Aug 9, 2022 · Twitter Web App. “Pretty clear RBA has been spooked by house price collapse, which is only going to get worse”christopher joye on Twitter. 6 billion Snowy Hydro…We've been forecasting a US recession since Jan 2022, which the market has recently converged on. 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. 5%. It’s like the economy has cancer and our doctors wants to stop treatment caus. True, but houses / home units are hard to beat. It'll work right up until the point it is discovered that debt outstrips M2 money by a factor of 10:1 . 9:26 PM · Aug 15, 2022 · Twitter Web App. 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 users In this conversation. Log in. Last Friday was a normal day for us: we did about $450m of trades, and I actively directed ~$300m of them. 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. Log in. 50% in 2019 to 0. Sign upSee new Tweets. Fun interview with nabtrade on bond markets. Log inWe 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. 04 Jun 2023 22:01:37We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. “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. . Drone pilot Christopher Joye, who captured the footage, said: "Swimmers would not believe there was a. Sign upWe would like to show you a description here but the site won’t allow us. com. 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. 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. No wonder RBA is slowing down. @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. This will in turn demand radical attitudinal change. NSW's interest bill will surge past $7 billion/yr according to Treasurer @dmookheyMLC. @cjoye Sydney house prices have fallen 11. 10:21 PM · Jul 8, 2022 · Twitter for iPhone. Replying to. Melb also up: 67. In this conversation. . 3. 3%, Melbourne/Brissie both down 6. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. @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. 04 May 2023 06:47:40Log in. 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. ”We would like to show you a description here but the site won’t allow us. “Morning!”We would like to show you a description here but the site won’t allow us. 0% (0. Sign up“@mitch_dol @cjoye @TomInvesting This is the Jan REINZ HPI Index developed with our RBNZ. IR here are… Show more . Australian money is rushing out of the crypto exchange, and customers are willing to accept a big haircut to cash out their holdings. 1%; Brisbane prices down 0. ConversationA not so tiny drop in some parts of the country. ”We would like to show you a description here but the site won’t allow us. ”Log in. This chart from Bloomberg provides a good summary of consensus estimates. In levels terms, capital-city dwelling prices…”@cjoye. The latest tweets from @cjoye Dante. ALT. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App @cjoye Aussie house price update to 25 July: Sydney prices down 1. 1% in 2020 drove Aussie houses prices 37% higher. Verified account Protected Tweets @; Suggested usersIn this conversation. then the printing starts again leading to further dilution of currency . 1:24 AM · Jul 9, 2023 · 10. The latest tweets from @cjoye christopher joye. Verified account Protected Tweets @; Suggested usersLog in. Try and think of the whole story not the macro people want you to hear and fear”In this conversation. 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. Funny thing is many keep saying it hasn't crashed yet. “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. I'm often asked how much time/effort it takes to write an AFR column. First miss on EPS since IPO, I think. Verified account Protected Tweets @; Suggested usersSign up. 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. @cjoye · Aug 5. would like to show you a description here but the site won’t allow us. So presumably brought their first home. What’s the result?”We would like to show you a description here but the site won’t allow us. FML 🫠”“@cjoye Too corrupt and too much poverty. 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. 3:30 AM · May 20, 2022 · Twitter Web App. 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. The stunning incident occurred in the waters off Werri Beach in New South Wales on Sunday and was captured on video. “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. christopher joye on Twitter. Given the number of markets that have had this set up and tanked. 3. 30 Nov 2022 01:03:22 Australia faces "largest and longest house price correction in history" - MacroBusiness In this conversation. There was only one way to go. We would like to show you a description here but the site won’t allow us. 2B cash! @cjoye Aussie house prices now correcting fast as rates rise, led by Sydney and Melbourne: RBA will struggle to lift past 1. We would like to show you a description here but the site won’t allow us. Australia needs to produce more with fewer people. @cjoye. Sign up“@haluksenlik @cjoye There is obviously significantly more risk and fraud in crypto than in the stock market, but Matt Damon promoted a centralized brokerage that curates assets and thus doesn't expose you to the scams where possible. Quote Tweet. Stock up 18%. This is 70s. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. “House price crash update: Syd prices down 6. “@BruceMeaney @cjoye I don’t know if it’s good. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. 1. Verified account Protected Tweets @; Suggested usersWe 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. We would like to show you a description here but the site won’t allow us. See new Tweets. . 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. com. 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. ”Log in. 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. christopher joye on Twitter. . ”christopher joye on Twitter: "Good morning!" / Twitter. “@cjoye Step forward for transparency, but still doesn’t stop more/different things being said in other forums (or by other RBA officials). This will. We would like to show you a description here but the site won’t allow us. . “The “family finances vs a year ago” sub-index dropped 8% in February, to 62. In this conversation. There was only one way to go. @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. Key takeaways * 15-20% peak to trough in Australian housing prices remains the view. 1%; Brisbane prices down 0. Verified account Protected Tweets @; Suggested [email protected]! From US2yr notes to the Russell2000 and Peleton, Netflix, AfterPay etc etc etc. “Good morning!”In this conversation. Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. In this conversation. "We would like to show you a description here but the site won’t allow us. You are right to hesitate on price directions for houses - low listings are contributing to price stability, but so are rents increasing by 25% ($120 pw on $500 pw) and many buyers paying cash (not first home buyers). We would like to show you a description here but the site won’t allow us. “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. A 30year investment for most. We would like to show you a description here but the site won’t allow us. “India is an important ally that can’t be trusted Replying to @cjoye Usecases for blockchain are only limited by the imagination. It’s funny because traders on the street know that on Friday. Prepare for equities and property pain. 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. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. Sydney (+1. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. There were good reasons for very low rates (pre-covid) and those reasons haven’t gone away. Drone operator Christopher Joye posted. 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. This will in turn demand radical attitudinal change from entitled millennials who have never experienced high…. 10% in more pain for borrowers and home owners. @Dante57112893. Captain Slapstick AC AO AM OAM AK @CaptSlapstick · 6h. . In this conversation. Australia needs to produce more with fewer people. Likes. I am not a house price bull. . 5%; 5 capital cities have fallen 3. “The RBA is hierarchical, insular, supercilious, hubristic, resistant to outside influence, and exceptionally slow to recognise and respond to its own mistakes. The news is not good: "We construct a new ‘weighted-median’ measure of…” Honestly, we hit the limit current incomes can support. 4. We would like to show you a description here but the site won’t allow us. Log in. Binance Australia selling bitcoin $6k cheaper than other exchanges. 92. 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). 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. ConversationIn this conversation. and @Johnkehoe23. 4%mom) and Melbourne (+0. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App@cjoye Aussie house price update to 25 July: Sydney prices down 1. Embarrassingly wrong. 0 replies 0 retweets 8 likes. 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. . The news is not good: "We construct a new ‘weighted-median’ measure of underlying inflation based on a truncated monthly CPI. Master Your Unstoppable Mindset. Find great real estate professionals on Zillow like cjoyeThere are 9 words found that match your query. 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. ” christopher joye on Twitter: "Good morning!" / Twitter. 6% for one year but if taken from the peak in Sept 21 its -30% plus. *Potential for another RBA hiking cycle >4%. com. christopher joye on Twitter: "Morning!" / Twitter. I suspect the increased earnings (and potentially profit) of the big players in ASX 200 might offset increases in discount rates. . commodities are a grand idea #BTC“Aussie house price losses exceed 10%, Sydney losses breach 14%: 43 year record in sight 'Stablecoin' Breaks Peg As Circle Admits Billions Stuck With SVB up. 25pc and possibly beyond, also raising risk RBA hikes past 3. However, the. @cjoye. “@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 this conversation. . 6%; 5 city index prices down 1. We would like to show you a description here but the site won’t allow us. christopher joye. Conversation. 5% pa, or 2. We would like to show you a description here but the site won’t allow us. 85% to 4. We would like to show you a description here but the site won’t allow us. This chart from Bloomberg provides a good summary of consensus estimates. “@TvcMike @cjoye tech/growth/risk assets, makes any real sense. I'm often asked how much time/effort it takes to write an AFR column.