Category: Economics and Banking

Some Banks Back Down … But: With Robbie Barwick

An update on Regional Bank closures with Robbie Barwick from the Citizens Party. Some news is good but some also bad. So we go through this week’s events.

We also highlight the broader agenda around the future of banking, the role for a National Bank, and reason why the commercial banks are dragging their feet, and disrespecting parliament.

The media finally get on the story – better late than never.

https://gerardrennick.com.au/senate-inquiry-regional-bank-closures/

https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Rural_and_Regional_Affairs_and_Transport/BankClosures

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Questions, Answers, And A Soft Landing (Maybe) With Tarric Brooker…

An early chat with journalist Tarric Brooker this week as we answer viewer questions and share some charts.

Timely – given all the data which is out just now.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

US Inflation Is Hanging Around Like A Bad Smell!

The latest US inflation data suggests inflation is more intractable than the markets were hoping. So what are the consequences for rates and markets in the months ahead.

Opinion is divided, but more analysts are forecasting higher rates and for longer, and are becoming more aligned to the FED’s position.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

DFA Live Q&A: HD Replay Leith van Onselen: Economics Now

This is an edited version of a live discussion about the state of play relating to the Australian economy, housing and finances with Leith van Onselen, Chief Economist at Nucleus Wealth and Co-founder of Macrobusiness.

Where are interest rates headed, and what will the fall out be?

Go to the Walk The World Universe at https://walktheworld.com.au/

A Major Victory: Regional Bank Closures Now Under Senate Review!

Thanks to Senator Rennick, and others, the Senate agreed to an Inquiry into the closure of Regional Bank Branches, the first in nearly 20 years.

So, there will be a chance for regional communities to make submissions and the Senate should write to the Banks to ensure they hold off on further closures pending the December report deadline.

Thanks to Dale Webster from the Regional for her article on this important matter.

Democracy in action….

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Rate Rise Endgame? With Tarric Brooker

Today’s afternoon chat with journalist Tarric Brooker focuses on the question of whether inflation is really falling, or whether the markets are misreading the data streams.

You can follow along with Tarric’s slides at: https://avidcom.substack.com/p/charts-that-matter-3rd-february/

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

The Rate Hike Cycle End Game?

Overnight we saw the Bank of England and the ECB lift the target rate by 50 basis points.

The UK story appears to be one where inflation is easing a little though growth prospects remain weak into the medium term. In the ECB, inflation is perhaps more troublesome, and further rate rises are anticipated. But both are seen by the market to be the peak of this raising cycle (though with risks to the upside).

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Disinflation Has Started But We Have More Work To Do, Says The FED!

The FED lifted by the expected 25 basis points overnight. In the press conference he was still underscoring the need to strangle inflation but was also sanguine on the markets – which traders took as a positive sign.

That said, the disconnect between the FED and the markets continues, suggesting further short-term strength, before reality sets in, or the FED really backflips.

Disinflation is now the new watch word!

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

FINAL REMINDER: DFA Live 8pm Sydney Tonight: Investing Now With Damien Klassen

https://youtube.com/live/VxPRZxt68Pg

https://youtube.com/live/VxPRZxt68Pg

Join me for a live discussion with Head of Investments at Walk The World Funds And Nucleus Wealth, Damien Klassen as we look at the current market movements and what might be ahead.

You can ask a question live!

Go to the Walk The World Universe at https://walktheworld.com.au/