Yep CJ will be pissed, but not nearly as disappointed as Simon. His whole business model for a house purchase is based on a market crash caused by rising rates.
Go long Kleenex Tissues.
Frummy won't be happy either. He's been quiet lately. He's either on holidays or quietly negotiating on a house. If John Frum buys in Sydney, it probably will signal a market peak.
I heard on tha grapevine just recently that wot wif Frummy's highly paid programmin' work for tha banks havin' dried up, MB's out ta get him on board as tha lead member of their specialist behind tha scenes financial advisory team? ...
Hmmm - Talkin' about MB ('n I don't usually make a habit of it), but I woz a bit disappointed yesterday when I went in there (which I don't make a habit of either) just ta see if as a bit of a supposedly somewot 'contrary' mob maybes, they might have written somethin' concurrin' wif me belief that all tha yabba about RBA rate rises woz crap - But Nope: Nix; Squat; Zilch (that I could see) - So eff all use ta no-one for mine. AND TO MAKE IT EVEN WORSE, whilst there I looked at an article on using super ta buy property - F*** me roan! Talk about a TOTAL heap of crap!!!
"Central bank asset purchases generate cross-border capital flows from investors seeking higher returns. Some of that we see directly in a higher Australian dollar exchange rate".
That said, Dr Debelle pushed back at the idea that Australia has lost control of its ability to manage its own settings.
Was this not about Global Rates Rising..........Nothing in your Waffle address that topic.
Nothing New.... And yes I love those.......
Fully expect that someone as stupidly arrogant as you will ultimately manage ta irretrievably f*** yaself up tha arse regardless of wotever way pretty much any markets go Simons ...
A Professional Demographer to an amateur demographer:"negative natural increase will never outweigh the positive net migration"
Fully expect that someone as stupidly arrogant as you will ultimately manage ta irretrievably f*** yaself up tha arse regardless of wotever way pretty much any markets go Simons ...
Hmmm - While I's a bit disappointed in bein' told me interest rates on me bank deposits ain't returnin' ta anything like tha old 'normal', it's gotta be good news tha youngs'll continue ta get ta pay their debt off cheap hey? ...
[FRANKFURT] Deutsche Bank chief executive John Cryan has called on the European Central Bank to change course on providing cheap money, warning he sees price bubbles in stocks, bonds and property.
"The era of cheap money in Europe should come to an end - despite the strong euro," Mr Cryan told a room full of bankers in Frankfurt on Wednesday, a day before the ECB's governors meet to discuss policy.
Low interest rates, money printing and a penalty charge for hoarding cash have been at the heart of attempts by the central bank to reinvigorate the 19-country euro zone economy in the wake of the 2008-09 financial crisis.
It has also imposed a heavy cost on still fragile banks, turning deposits into a hot potato that many would rather avoid so as not to pay charges to their central bank for storing them.
I especially like this bit:
Quote:
"We are now seeing signs of bubbles in more and more parts of the capital market," he said.
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