We’re At “Just Plain Stupid” Now!

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

CONTENTS
0:00 Introduction
0:30 US Market Summary
0:50 Tax Hikes
2:44 Fed Action Ahead?
3:10 Home Sales
3:25 Bond Market
4:10 Dollar Index
4:30 Pandemic
4:50 Banking and Credit Suisse
6:24 Intel
7:12 VIX
7:22 UK and European Markets
11:53 Oil
12:40 Asia Pacific Markets
14:00 Gold
15:29 Bitcoin Bears
18:00 ‘We’re At Just Plain Stupid!”
21:26 Australian Market Movements
25:02 Morrison Signals Defeat On Super
27:42 Summary and Close

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

New Zealanders – Who’s Directing The Reserve Bank And Giving You Deposit Insurance Finally?

Breaking News, New Zealand Deposit holders will eventually be getting deposit insurance. And its bigger than many expected!

https://www.rbnz.govt.nz/news/2021/04/new-deposit-takers-act-a-step-closer

The new Deposit Takers Act will create a single regulatory regime for all bank and non-bank deposit takers (such as building societies and finance companies). It will also introduce a new deposit insurance scheme that will protect up to $100,000 per depositor, per institution in the event of a failure.

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

DFA Live Q&A HD Replay – Senator Gerard Rennick

This is an edited version of our latest live show in which I discuss policy issues with Queensland Senator Gerard Rennick.

CONTENTS

0:00 Start
1:14 Introduction
2:10 Rennick’s Background
7:25 Markets And Capitalism

09:50 Monetary Policy
12:46 Post Office and Regional Services
16:05 Senate Estimates and the RBA
19:20 Mandate of RBA
25:22 New Zealand Monetary Policy
27:50 Accountability Outsourced
31:15 Central Banking Group Think
34:20 RBA, ASIC and APRA
40:10 Lending For Housing Versus For Infrastructure
46:50 Small Business Lending Pressure
50:00 Tax Reform
56:00 Council Of Financial Regulators
1:00:00 The Vision Thing
1:16:30 Housing Affordability and Lending Standards
1:22:06 Higher Education
1:24:25 Measuring The Right Things
1:27:00 Accountability
1:31:00 Close and Sign-Off

Home

We look at the RBA, Central Banks, the economy, QE, and home prices and consider how to get the real economy going.

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

FINAL REMINDER: DFA Live Q&A 8pm Sydney – Senator Gerard Rennick

Join us for a live Q&A as I discuss policy issues with Queensland Senator Gerard Rennick.

https://www.gerardrennick.com.au/

We will look at the RBA, Central Banks, the economy, QE, and home prices and consider how to get the real economy going. You can ask a question live. https://walktheworld.com.au/

Ahead of our show, here is an extract from a recent Senate session, where the Senator discussed a range of policy issues with the RBA.

The Bank Of England Makes A Central Bank Digital Currency Statement

A late breaking news story from the UK, as the Bank of England progresses its investigations into CBDC.

https://www.bankofengland.co.uk/news/2021/april/bank-of-england-statement-on-central-bank-digital-currency

The Bank of England and HM Treasury have today announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC. A CBDC would be a new form of digital money issued by the Bank of England and for use by households and businesses. It would exist alongside cash and bank deposits, rather than replacing them.

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