Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
This is an edited version of our latest live show. This week Damien Klassen from Walk The World Funds and Nucleus Wealth discussed the markets and his latest analysis.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Steve from Canstar and I discuss the latest RBA decision, and its implications, and explore the impact on households and their budgets. What can be done?
https://www.canstar.com.au/team-members/steve-mickenbecker/
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Another outing with our property insider as we explore the highlights of the property week, and delve into the nether regions of the market.
https://www.ribbonproperty.com.au/
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
The hot news from our surveys and models is that financial stress, mortgage stress and particularly rental stress has gone higher again, as more households struggle with cash flow issues (our stress definition is based on cash flow status).
We walk though the main results, across the states, households segments and post codes. We also geo-map the results.
Let me know if you would like me to run another live show on this analysis, with post code data available.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
In our latest market update we look back across the first half of the year, as markets have continued to drive higher in the light of higher rates and continued uncertainty.
As we move into July, the past six months on the markets have contained all types of contradictions, with prices spiked by AI, hopes the Fed will cut rates, when they lifted, and a more robust US economy than many had expected, perhaps promising higher returns ahead.
On Friday The S&P 500 rose 1.3%, the Dow Jones Industrial Average added 0.9%, and the Nasdaq rose 1.5% as markets prepared for the June 30 end point.
The S&P 500 defied recession fears and a U.S. banking crisis to notch a 15.9% gain in the first half. The Nasdaq Composite powered ahead 31.7% for its biggest first-half increase in four decades.
The Australian share market rose 0.1 per cent on Friday, and a return of 9.7 per cent for the financial year.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
I caught up with Tony Locantro from Alto Capital in Perth , to discuss the current dynamics across markets, property and more. Managed to fill my bingo card again, but the messages are so relevant given the current state of play!
https://www.altocapital.com.au/about
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Latest data shows that more recent property purchases are being sold not long after buying, and some are going for a loss relative to their previous purchase prices (plus of course the various costs of transfer).
This is another sign of rising distress in the markets, with a focus on recent buyers (especially first time buyers in the past coupled of years) now faced with surging mortgage repayment costs. Areas in Melbourne and Sydney are most impacted so far.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.
Buying property, is both challenging and adversarial. The vendor has a professional on their side.
Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.
Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.
Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
The latest from the ABS on retail turnover looked superficially stronger (and again the MSM went to town). But correcting for population growth and inflation it is a different story, and we know some are cutting back hard, while others are spending big on the offers and discount incentives. Nothing here to stop the RBA, in my view.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
The latest numberwang from the ABS showed only a slight fall in core inflation, though the headline dropped a bit. And of course the MSM were celebrating the “news”. These are the less reliable monthly series of course.
However, the underlying story is one of sticky wages inflation and some one-off changes which offset rises. And of course higher power costs will start to hit from July. So, nothing here to deflect the RBA.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.
Buying property, is both challenging and adversarial. The vendor has a professional on their side.
Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.
Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.
Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
Another rant with Edwin, ahead of our live show tomorrow (8pm Sydney time Tuesday). What is playing out is a potential win for the construction sector, but many home owners and prospective purchasers are facing an uphill journey in the current environment.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
In this weeks live stream I will be joined by our regular property inside Edwin Almeida to explore the real stories about property gone bad. While everyone inspecting property seems to be sizing up their opposition, there are important things to examine, from the roof void to the basement and under floor areas.
You can ask a question live during the show.