Even with yields down. 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. Both of which disproportionately affect the bottom 50% of households. 7%; Brisb off 1. 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. @cjoye was one of the few to go against this IIRC. 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. Honestly, we hit the limit current incomes can support. christopher joye. @cjoye. @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. “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. com. Verified account Protected Tweets @; Suggested usersWe 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. We would like to show you a description here but the site won’t allow us. Conversation. 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. ALT. Log in. @cjoye. “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. Fantastic lunch event with Chris Joye @cjoye and Coolibah Capital today in Perth. Likes. 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. 2m are customer assets. “@cjoye Step forward for transparency, but still doesn’t stop more/different things being said in other forums (or by other RBA officials). 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. 7% in 11 days of Aug); Melb down 3. Interesting. Verified account Protected Tweets @; Suggested usersWe 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. I believe this includes offset accounts. The latest tweets from @cjoye christopher joye. 2m are customer assets. 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. Funny thing is many keep saying it hasn't crashed yet. afr. 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. ” christopher joye on Twitter: "Good morning!" / Twitter. Master Your Unstoppable Mindset. We would like to show you a description here but the site won’t allow us. 3. . ”We would like to show you a description here but the site won’t allow us. . 4% this time last yr. 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) . Sign upIn this conversation. IR here are… Show more . ”We would like to show you a description here but the site won’t allow us. 3:30 AM · May 20, 2022 · Twitter Web App. 2 days ago. then the printing starts again leading to further dilution of currency . It’s funny because traders on the street know that on Friday mornings, I will be buried in one. au. 4%mom) and Melbourne (+0. 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 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. ”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. 7% on 376 auctions (@corelogicau) vs 49. Massive portion of the population realising they are not going to achieve an acceptable basic standard of living. Prepare for equities and property pain. Sign upDay of valuations reckoning looms for commercial real estate owners, valuers and auditors. Verified account Protected Tweets @; Suggested usersThe data always tells a story and sticky inflation makes it impossible to see an upside with House prices til Q1 maybe even Q2 2024 Bear market like the 1 we are in. Sign upLog in. 7%. We would like to show you a description here but the site won’t allow us. christopher joye on Twitter. And homes are still priced above Covid levels. Verified account Protected Tweets @; Suggested usersWe would like to show you a description here but the site won’t allow us. Last Friday was a normal day for us: we did about $450m of trades, and I actively directed ~$300m of them. 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. com. We would like to show you a description here but the site won’t allow us. We would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersIn this conversation. 8:58 PM · Oct 5, 2022 · Twitter Web App. “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. This will be record housing crash, 100% triggered by rate hikes -. FML 🫠”“@cjoye Too corrupt and too much poverty. christopher joye on Twitter: "Morning!" / Twitter. Grrrr”“@cjoye Thoughts on bank and esp. @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. “@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. ConversationA not so tiny drop in some parts of the country. Huobi announced $18. @cjoye/Twitter) Shark clamps onto diver's leg as blood and screams pour out in attack video. 5%. )”We would like to show you a description here but the site won’t allow us. Logically can't happen. I doubt the rise over the previous Q was sustainable, given the reduction in borrowing power. “Bitcoin down at US$20k again, but Aussie house prices stabilising once more while equities tank. 65% in November. 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). 0%), Melbourne (-7. 18 Jul 2023 02:09:39. Likes. 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. 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. @cjoye. christopher joye on Twitter: "Morning!" / Twitter. Log in. In this conversation. 1%; Brisbane prices down 0. Retweets. . @TheKouk · Jul 8. It’s funny because traders on the street know that on Friday. ly/3tKymvn 8:25 PM · Nov 21, 2022 · Twitter Web App@cjoye Aussie house price update to 25 July: Sydney prices down 1. “Real interest rate hammer has yet to fall would like to show you a description here but the site won’t allow us. Both are inflationary to housing and do nothing to address affordability. Strong academic credentials, but limited real world experience. 5% pa, or 2. they all roll over the same. com. 0 replies 0 retweets 8 likes. Replying to. 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. 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. Drone pilot Christopher Joye, who captured the footage, said: "Swimmers would not believe there was a. 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. 1. @cjoye. 1%, declining at a 17% annual rate, while Brisbane prices fall at 20% annual rate bit. May 15, 2023 - 9:29AM. 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. . . First miss on EPS since IPO, I think. “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. “Super strong US employment data will embolden Fed to push to 5. macrobusiness. I suspect the increased earnings (and potentially profit) of the big players in ASX 200 might offset increases in discount rates. . 4%. 85% to 4. ConversationSee new Tweets. ConversationSee new Tweets. “@cjoye Sir. 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. "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. “Good morning!”In this conversation. Wonderfully cherry picked data in desperation to keep credibility of the narrative that allows them to be. “The “family finances vs a year ago” sub-index dropped 8% in February, to 62. What’s the result?”We 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. 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. 7% in July; Melbourne prices down 1. Captain Slapstick AC AO AM OAM AK @CaptSlapstick · 6h. 2%. The business indicators measure of wages suggests annual growth in non-farm hourly earnings picked up to 5% in Q1, although this series has grown more strongly than the RBA’s series over the past year. @cjoye. We would like to show you a description here but the site won’t allow us. christopher joye on Twitter. 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. Property is ‘sleepwalking’ towards its biggest test since the GFC. This chart from Bloomberg provides a good summary of consensus estimates. & 50% are admin. There were good reasons for very low rates (pre-covid) and those reasons haven’t gone away. Log in. Stock up 18%. would like to show you a description here but the site won’t allow us. Some areas down -25. We would like to show you a description here but the site won’t allow us. Aussie house prices fell in 2022 by their largest margin since records began in 1980. We would like to show you a description here but the site won’t allow us. Replying to. Job cuts over 18mo. 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. 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. Since first RBA May hike, Syd/national market has fallen at 23%/14% annualised pace. We would like to show you a description here but the site won’t allow us. Show more". Quote Tweet. . The wage costs for businesses producing products is far too high and can only be addressed by greater productivity, which means fewer workers. 4% followed by Brisbane (-8. We would like to show you a description here but the site won’t allow us. 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. Log in. I am not a house price bull. “GS: Australian capital-city dwelling prices rose +0. Sydney (+1. “@cjoye Japan took over 10 years from peak to 'bottom' with a similar size bubble. There was only one way to go. We would like to show you a description here but the site won’t allow us. 0% (0. We would like to show you a description here but the site won’t allow us. @cjoye Sydney house prices have fallen 11. May 2. 11. 3. In this conversation. 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. 04 Jun 2023 22:01:37We 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. 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. Australia needs to produce more with fewer people. Higher long-term risk-free cash rates are going to create a protracted pain trade for risky assets. 4% pa return. 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. 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. 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 @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. . Aug 16. House price declines not likely to slow until RBA stops hiking. Our predicted housing recovery continues @FinancialReview (Prelim. . Interest rates have soared, but commercial property values have barely moved. 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. 04 May 2023 06:47:40Log in. Retweets. We would like to show you a description here but the site won’t allow us. . Victoria's annual interest bill on its debt will rise towards $9 billion/yr by 2027 according to CBA analysis. Drone operator Christopher Joye posted. Aug 16. Sydney house prices plummet like it's 1983. Games fiasco will leave business shaking its head at Victorian farce. Redirecting to /cjoye/status/1675386755422494722 Embed Tweet. “GS: Australian capital-city dwelling prices rose +0. 1. The real problem, people still spending and employment strong. “@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. 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. 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. Plus ,Bitcoin and Ethereum are down less than tech stocks. 25pc and possibly beyond, also raising risk RBA hikes past 3. 6 billion Snowy Hydro… We've been forecasting a US recession since Jan 2022, which the market has recently converged on. com. ”We would like to show you a description here but the site won’t allow us. 4%mom) and Melbourne (+0. So presumably brought their first home. 6pc. Sign upSee new Tweets. I'm often asked how much time/effort it takes to write an AFR column. We would like to show you a description here but the site won’t allow us. @cjoye. christopher joye on Twitter: "Credit Suisse trying to squeeze. Interesting to see Treasurer Jim Chalmers trying to directly jawbone the RBA into not hiking by arguing that the inflation result does not meet. christopher joye. See new Tweets. 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. christopher joye @cjoye. We now expect Australia's #housing prices to fall nearly 20%, before a modest recovery in 2024 as mortgage rates fall. 2:58 AM · Jun 30, 2023. You've reached your limit when it comes to tweeting about bitcoin being under $20k. 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. Crypto is toxic”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. We would like to show you a description here but the site won’t allow us. 9:26 PM · Aug 15, 2022 · Twitter Web App. We would like to show you a description here but the site won’t allow us. 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. 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 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. Sitting on $6. Sydney house prices plummet like it's 1983 - MacroBusiness. 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. Bang on our forecast for 15-25% cumulative loss. Verified account Protected Tweets @; Suggested users “Worst house price declines in 42 years, with more to come. 8%mom in March, the first monthly increase since April 2022 and the largest monthly increase since January 2022. 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. Your chart is pretty much 12 months already. Sign upLog in. This will. By Huobi announced $18. 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: "Good morning!" / Twitter. No wonder RBA is slowing down. In this conversation. 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. 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. 10% in more pain for borrowers and home owners. Verified account Protected Tweets @; Suggested users In this conversation. 2%. But with a referendum and election coming in the next 12 months, in addition to a $19b surplus. com. This chart from Bloomberg provides a good summary of consensus estimates. We would like to show you a description here but the site won’t allow us. and @Johnkehoe23. 5%, the…. ”“Yep. We would like to show you a description here but the site won’t allow us. Retweets. @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. We would like to show you a description here but the site won’t allow us. Visit cjoye's profile on Zillow to find ratings and reviews. Discerning Coins for example is a new way of collecting coins - using the blockchain! Chris, we've talked about this. 3%. “India is an important ally that can’t be trusted Replying to @cjoye Usecases for blockchain are only limited by the imagination. 7% in July; Melbourne prices down 1. would like to show you a description here but the site won’t allow us. Quote Tweet. 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. Expect a global recession, continuing asset price declines, and waves of defaults, writes cjoye. ”“With an inflation-targeting central bank, cash is actually one of your best inflation hedges”See new Tweets. 3. . We would like to show you a description here but the site won’t allow us. Interesting. In this conversation. Sign upchristopher joye @cjoye. 30 Nov 2022 01:03:22 Australia faces "largest and longest house price correction in history" - MacroBusiness In this conversation. "It's global cyber war out there". 2 days ago. au. 1%; Brisbane prices down 0. Sign upLog in. 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. . 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. 5% plus 1% productivity. 1%, bringing total decline to 6. In this conversation. “Morning!” We would like to show you a description here but the site won’t allow us. It. “@KurtMickan @cjoye If the current conditions remain I would expect prices to fall. Youre allowed to tweet at new cycle-low milestones only. This marks a turning point in your powers. Log in. We would like to show you a description here but the site won’t allow us. com. Redirecting to /user/cjoye/. 6 billion Snowy Hydro…We've been forecasting a US recession since Jan 2022, which the market has recently converged on. 10% in more pain for borrowers and home owners. Someone did the math on how the housing ponzi affects this generation compared to the days of old. It'll work right up until the point it is discovered that debt outstrips M2 money by a factor of 10:1 . Sign upWe would like to show you a description here but the site won’t allow us. Verified account Protected Tweets @; Suggested usersIn this conversation. ”We would like to show you a description here but the site won’t allow us. 85% to 4. “RBA may be told to hold press conferences; Barrenjoey talk queried 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. 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. “@bluntman_eth @Tombeecon @cjoye So they just entered the real estate market. 76% from 0. The real problem, people still spending and employment strong. 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). 1. We would like to show you a description here but the site won’t allow us. 9.