Corrections, Rates, Steel And Risk: The DFA Daily 3rd Dec 2021

In today’s show we discuss the likelihood of a real market correction, the signs are not good; why monetary policy needs to be tightened, how China is cutting Australia’s steel throat, and risk in the banking system. Four big, but connected themes.

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.

You Are At Financial Risk Unless This Is Fixed….

At least 200,000 Australians have lost money thanks to inadequate regulation by APRA, worth at least $40 billion dollars. I am joined by Robbie Barwick from the CItizens Party as we explore this unfortunate but engineered situation, which has enabled the Government to look away, and ASIC claim it is not their problem , when it is clearly is.

As a result, it is likely more people will experience further losses, not because of adverse market movements, but because of poor or non-existent regulation. This has to change, and the current inquiry is a mechanism to achieve this….

https://www.theregional.com.au/post/what-anyone-making-a-submission-to-australia-s-latest-regional-banking-inquiry-should-know-first

Background Briefing on Nicholas Moore and Macquarie Bank:

https://www.abc.net.au/radionational/programs/backgroundbriefing/biggest-finance-scandal-macquarie-bank-cum-ex/13648602

ABC 730 Should ASIC have acted sooner to protect victims of collapsed housing scheme?

https://www.abc.net.au/7.30/should-asic-have-acted-sooner-to-protect-victims/13655976

CSLR inquiry:

https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Economics/CompSchemeLastResort

Citizens Party release:

Call to all financial victims: join the fight to make the bankers and their protectors pay!

https://citizensparty.org.au/media-releases/call-all-financial-victims-join-fight-make-bankers-and-their-protectors-pay

Interview with Peter Johnston:

CITIZENS INSIGHT – Nobody is safe in the financial system unless the Government rights this wrong!

Regional Banking Taskforce

https://treasury.gov.au/consultation/c2021-222961

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

The New Zealand Problem Is Our Problem Too!

Home prices in New Zealand have gone through the roof, prompting changes to the Reserve Bank NZ mandate, and changes in monetary policy. But recent Treasury modelling shows how out of touch they are compared with ordinary people as they try to post-rationaise the benefits of high home prices. Not only are they using old data from 2018, but their neo-liberal skirts are showing. And similar distorting thinking is driving policy in other markets too – time for a change of tune!

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

Words Matter In A Fractious Overvalued Market!

The Fed has to balance full employment and stable prices. Today we got the signal that the latter rather than the former is now set to take centre stage. This is significant, to say the least when market values are bloated thanks to money printing, and inflation fears are rife – despite the unknowable impact of Omicron. This is significant for the US and global markets, as well as our own.

Federal Reserve Chair Jerome Powell comments on Tuesday before the Senate Banking Committee, where both Democrats and Republicans expressed concerns about high prices, were taken as a hawkish pivot by financial markets that could deliver sooner-than-expected increases in interest rates next year.

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.

Words Matter In A Fractious Overvalued Market!

The Fed has to balance full employment and stable prices. Today we got the signal that the latter rather than the former is now set to take centre stage. This is significant, to say the least when market values are bloated thanks to money printing, and inflation fears are rife – despite the unknowable impact of Omicron. This is significant for the US and global markets, as well as our own.

Federal Reserve Chair Jerome Powell comments on Tuesday before the Senate Banking Committee, where both Democrats and Republicans expressed concerns about high prices, were taken as a hawkish pivot by financial markets that could deliver sooner-than-expected increases in interest rates next year.

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.

FINAL REMINDER: DFA Live Q&A: Investing Now with Damien Klassen 8pm Sydney Tonight

Join us for a live Q&A as I discuss the state of the financial markets with the Head of Investments At Walk The Wold Fund and Nucleus Wealth Damien Klassen. Given the latest signs on inflation and interest rates, how does change the investment game? You can ask a question live….

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

Tis But A Flesh Wound! – The DFA Daily 30 Nov 2021

As expected, markets reacted more positively on Monday after the Friday Omicron falls.

The WHO said on Monday the Omicron coronavirus variant carried a very high risk of infection and multiple countries joined the list of those who have identified cases. And advised its 194 member nations that any surge in infections could have severe consequences, but said no deaths had been linked to the new variant.

The S&P 500 rebounded Monday, led by tech as investor risk appetite returned. Investors bought the dip, taking advantage of the sharp sell-off in tech stocks. But there was also a bit of news. Twitter founder and CEO Jack Dorsey said he would step down from the social media company.

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/

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.

DFA Live Q&A: SPECIAL HD Replay Latest Property Trends With Louis Christopher and Edwin Almeida

In lieu of our normal Monday Property Rant, tonight we present an edited edition of a special live Q&A as I discuss SQM’s latest Property Report. Louis Christopher has an amazing grasp on the property data, and along with our property insider Edwin Almeida, we discuss the future trajectory based on his scenarios. Notably, you have to go granular!

https://sqmresearch.com.au/

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

FINAL REMINDER DFA Live Property Rant With Louis Christopher And Edwin Almeida 16:30 Sydney Today!

Join us for a special live Q&A as I discuss SQM’s latest Property Report. Louis Christopher has an amazing grasp on the property data, and along with our property insider Edwin Almeida, we will discuss the future trajectory based on his scenarios. Notably, you have to go granular!