The Market’s Twisted Hands….

The latest edition of our finance and property news digest with a distinctively Australian flavour.

In another wild week, where FED speak on one hand, and hopium on the other drove markets all over the show, the Dow ended higher on Friday as investors weighed up further hawkish remarks from Federal Reserve officials, and the latest wave of quarterly results from retailers. Looking to the shortened trading week ahead, the Fed’s minutes from its October meeting will garner investor attention for clues on the central bank’s thinking on monetary policy.

Chief Hawk, St. Louis Fed President Bullard said this week that “Thus far, the change in the monetary policy stance appears to have had only limited effects on observed inflation,” in an analysis by the St. Louis Fed that debated the appropriate rate regime for the central bank after six increases since March.

  • CONTENTS
    0:00 Introduction
    0:40 US Monetary Policy
  • 4:15 US Markets
  • 6:00 Oil
    12:22 Gold
    15:20 Europe and UK
  • 18:00 ECB Monetary Policy
  • 21:10 Asia
    25:02 Australia
  • 27:30 Crypto Winter
    28:10 Close

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Local Communities Strangled By Loss Of In-Person Banking – And What You Can Do About It!

We (Dale Webster and I) have written to the Senate Standing Committee on Regional and Rural Affairs and Transport about the economic fallout from the removal of in person banking services across Australia. Today I discuss this with Robbie Barwick from The Australian Citizens Party and the need to lobby Senate members on this important issue.

Our submission is available to view here and download : https://digitalfinanceanalytics.com/blog/loss-of-in-person-banking-letter-to-rarat-committee/

And a list of Senators by state is available here: https://citizensparty.org.au/aus-senate

If you care about the economic future of our regional towns and suburbs, then please contact your local Senators and tell them that they should support the initiative, ideally over the next few days, so as to create maximum impact in the final sitting weeks of the year.

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

Loss Of In-person Banking: Letter To RARAT Committee

Here is a downloadable version of the letter Dale Webster (The Regional) and I sent to the member of the Senate Standing Committee on Rural and Regional Affairs and Transport about the economic impact of in-person banking being systematically removed across the country.

Wages Rose More Than Expected But We Are Still Falling Behind!

The latest Wages Price Index data released by the ABS today contained some stronger than expected growth, especially in the Private Sector. Some of this was because of the Fair Wage Commission Award. Public Sector workers did less well.

Nevertheless, despite the rise, inflation is running hotter, and we know that neither the Treasury nor RBA expect real wages growth for the next couple of years. On the other hand, stronger wage rises will stoke inflation further.

The latest edition of our finance and property news digest with a distinctively Australian flavour.

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

DFA Live Q&A HD Replay CBDC Vs Crypto: Who Wins? With Adam Stokes

This is an edited version of a live discussion about the current FTX debacle, the trajectory of Crypto, and the rise of Central Bank Digital Currencies. Is the future one of “harder, faster safer money”?

https://www.youtube.com/c/AdamStokes24

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FINAL REMINDER DFA Live: Crypto Vs CBDC With Adams Stokes 8pm Sydney Tonight

Join us at 8pm Sydney time for our regular live event this week we will be looking at the latest ructions in Crypto, and what we can learn from it, as well as how Central Bank Digital Currencies are playing into the argument.

If one Bitcoin always worth one Bitcoin, how does the concept of “trust” play into the evolution of digital finance?

New Zealand Home Prices Take Another Knock…

The latest from the REINZ Home Price Series, with some interesting twists, but still looking weaker in terms of sales volumes, longer days on markets and some compositional change as illustrated by the differences between the HPI Index and Median Prices.

With more rate rises expected, and higher fixed rates ahead, expect more weakness.

https://www.reinz.co.nz/residential-property-data-gallery

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Getting Better Economic Outcomes: With Senator Gerard Rennick

I caught up with Senator Rennick (LNP Queensland) after his recent outings in Senate Estimates and his speech on Superannuation. We explored the broader economic issues which we face, and why we need some different approaches from our regulators and the RBA.

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More Operation Antispruik In Tasmania!

Another round of price reductions from the Property Portals thanks to Cookie’s research, which shows that prices are on the slide now, and quite fast.

We compare the falls with our Core Market Model data and find some interesting correlations.

This is not a statistically robust piece of analysis, but it does talk to the general trends, as higher interest rates hit home, and sales momentum eases.

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Cutting Through The Bull…! With Tarric Brooker

My latest chat with Journalist Tarric Brooker, as we answer questions relating to inflation, on the day after the latest data from the US was lower than expected. So, we examine why that is, and what the implications may be.

Sides available here: https://avidcom.substack.com/p/charts-that-matter-11th-november

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