It’s raining “announcables” at the moment, with interesting developments this past week on the housing and finance front as city, state and federal Governments continue to poke at the broken system. Schemes include, government buying off the plan to give construction firms a leg up, cheap housing for essential workers, changes to lending rules, higher … Continue reading "Hello, I’m From The Government, And I’m Here To Help You! (Honest!!?)"

This is our weekly market update, is the best way I have found to organize my thoughts for the week and to track what’s going on. We start in the US, crosses to Europe, then Asia, and Australia, and we also cover commodities and crypto. In the US, the Nasdaq eked out a fifth straight … Continue reading "The Investor’s Dilemma: Hang In Or Jump Out?"

In this show we will look at some of the recent data relating to the New Zealand economy, which is sitting in a high interest rate, recessionary condition, as the Reserve Bank of New Zealand wrangles inflation towards its targets. We saw a significant rise in people leaving the country, with New Zealand Citizens voting … Continue reading "The Kiwi Economy On A Knife Edge… As More Leave!"

Wednesday was it turned out, a game in two halves, with a slightly better than expected CPI read in the morning, before the Fed’s no change decision later, but impacted by a more hawkish stance in the subsequent press conference. Risk-on assets had rallied after the CPI report showed the US core consumer price index … Continue reading "The Fed’s “High For Longer” Ripple Effect"

The seasonally adjusted unemployment rate fell by 0.1 percentage point to 4.0 per cent in May, according to data released today by the Australian Bureau of Statistics (ABS). With employment rising by around 40,000 people and the number of unemployed falling by 9,000 people, the unemployment rate fell to 4.0 per cent. In April we … Continue reading "Let’s Play Some More Numberwang!"

This is my edit of our monthly economic and property review recorded with Nuggets News. Things are getting interesting! http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/

Interesting ABC article, which shows Real Estate Agents are winning, thanks to higher prices. But others are losers, period. https://www.abc.net.au/news/2024-06-12/house-price-growth-to-continue-corelogic-analysts/103964952 http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/ Today’s post is brought to you by Ribbon Property Consultants.

This is an edited version of live discussion, with Professor Steve Keen. Steve Keen is an Australian economist and author, highly critical of neoclassical economics as inconsistent, unscientific, and empirically unsupported. Mainstream economist have in effect damaged society and the planet because of what they don’t know!. There are better ways to think about what’s … Continue reading "DFA Live Q&A HD Replay: Steve Keen: Why Real World Economics Matters!"

After a week away, we’re back with another episode as we look at the stupidity in the property sector, as some are piling into the investor sector, while others are trapped due to the higher interest rates, and nowhere to go. https://www.ribbonproperty.com.au http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/ Today’s post is … Continue reading "Its Edwin’s Monday Evening Property Rant!"

A thought provoking discussion with Tony Locantro, and his life-style changes. http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/