The High Wire Act Continues: Market Update 31st Jul 2021

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

CONTENTS

0:00 Start
0:16 Introduction
0:55 Amazon Drop
2:09 US Consumer Spending
3:07 US GDP
3:31 Jobless Claims Up
4:13 FED Comments – Transitory? “ways to go…”
6:03 US Markets
07:25 Robinhood Markets Dismal IPO
14:40 Peaking Markets?
15:47 Oil
16:00 Iron Ore Drops
16:20 Gold
17:24 Bitcoin Back (for now)
17:52 Europe
20:07 Asia
22:10 Container Index
22:59 Australian Markets
27:00 Summary and Close

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

Fed Up With The FED?

We look at the latest from the FOMC and press conference.

The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee’s assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.

Last December, the Committee indicated that it would continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage‑backed securities by at least $40 billion per month until substantial further progress has been made toward its maximum employment and price stability goals.

https://www.federalreserve.gov/newsevents/pressreleases/monetary20210728a.htm

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The COVID Game Is Far From Over!

According to the IMF the recovery is not assured until the pandemic is beaten back globally. And the COVID game is far from over.

In its latest Global Outlook, The International Monetary Fund maintained its outlook for the biggest rebound in global economic growth in four decades while changing underlying regional forecasts, with unequal access to vaccines further widening the recovery gap between advanced and developing economies.

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

Price Booms And Then What? Property Signs 28th July 2021

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

In today’s show we look at the latest CPI data for the June 21 quarter, reflect on NSW’s booming stamp duty take, visit Westpac’s thoughts on future property price movements, and also look at soaring construction costs, and a recent report which says that Australia’s heavy reliance on export of fossil fuels made the nation’s economy extremely vulnerable to changes in other markets’ emissions policies under the current settings.

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.

Is Truth The Victim? – The DFA Daily 27th July 2021

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

In today’s show, we look at the latest disappointing new home sales from the US, recent Bitcoin and Tether moves, the declines in Chinese US stock, Labors announcement to keep negative gearing, and the latest from the New Zealand on the impact of low interest rates in a frankly mickey-mouse piece of analysis.

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

Property Signs: 26th July 2021

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/

In today’s show we look at the bank’s warning that some Australians will lose their homes thanks to the lock-downs. The latest lending stats from New Zealand, which once again shows how regulation and monetary policy impacts flows and so prices, the latest on Property in the US and how ASIC will recover its costs from the industry this year.

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.