Walk The World
The ECB joins the rate rise club, with a 50 basis point hike – which was bigger than expected by the markets. They expect inflation to hang around, and they expect further normalization ahead.
So this marks the end of the negative interest rate experiment, other than in Japan, Denmark and Sweden. Banks will see profit uplifts as a result.
But the result will be higher rates around the world – until something breaks…
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Caveat Emptor! Note: this is NOT financial or property advice!!
Hmm.. Prepare thyself for Beggar Thy Neighbour Economic Policy Mr. North. Did I hear you say ex ante?
See you in September Mr. North.
Thx Martin.
Mega recession
Great analysis Martin, 👍
More crypto spruikers Martin, name dropping so Many experts, and fake accounts with no content! 😂😂😂
Ultravox – All Fall Down (Official Music Video)
Hi Martin. Could you explain how banks profitability increase when rates rise? In my simplistic way of looking about it, I understood that banks make a margin on top of the cash rate. Whilst interest rates increase with the cash rate, the margin would tend to remain similar. If anything, i would have thought that increasing rates would reduce lending capacities, making the bank less profitable.
And who the f#$_k is buy those bonds 0% bonds
8% inflation
The game is over
Mega hike to 0? Sounds like click bait mate…
Thank you
Thank you Martin always 100% information cheer’s 🙏🙏😀😀👍👍
if that happens I'm stuffed.. Wouldn't be able to pay the mortgage
Another great video 👍
Oh boy this is getting ugly.
You got to laugh otherwise you would cry listern to the merlin like terminology that is suppose to leave us small people in awe
Italy will be under immense pressure to keep its head above water
Terrific Show, Martin…They are all doing the same thing, which to me, is alarming….Such a Disaster these Central Banks….Cheers from Damo.😊
Even those who took it casually and enjoyed the rate hikes now feel like they are drowning. It's not our RBAs problem. It's a global issue. It's out of control. Quantitative easing is a thing of past. People will die from this tightening cycle. Some People in OPEC countries will end their lives. The sad thing is the kind of situation our kids are going to grow. Our older wealthier population will be the only one safe. Government should actively involve in rent caps and make houses cheap by taxing the hoarders, help builders and developers to get construction faster and cheaper. Move the hoarders and developers to participate in new build housing industry and units.
The most important think anybody can do is believe the exact opposite of anything a central bank or Government says..on everything..don’t even believe the weather forecast.
Half a percent? Pfft.
If they were serious they would have gone 100 basis points.
Cristine Lagarde has a conviction for financial fraud…FACT…I guess that’s why she got the top job at the ECB..she couldn’t gat a job at the checkout at Tesco though..think about that !!!
I can see why the UK wanted to leave the EU. The bureaucracy of the EU is as nimble as an oil tanker.
Raising rates to 0% is a 'mega rate hike'?
Get with the Program , they want to destroy the entire middle glass, back to the feudal system, the Lord's and the serfs.
Would be interesting to get a survey for the following questions. What will be the peak of inflation from the years 2023-24? (a) Between 5%-10%. (b) Between 10%-20% (c) Between 30%-40% (d) Greater than 40%? At what rate should the RBA set the official interest rate in December 2022? (a) Between 2.5-3% (b) Less than 2.5-3% (c)3%-5%? (d) Greater than 5%?
Uh oh….
"twice the amount telegraphed… predicted by only 4 of 53 economists"
(The explanation of the TPI seems to be the work of a random word generator.)
It is alleged the Americans are going to sell Gas to the Germans and make a profit from it.
Great work Mr. Martin. Many thanks.
Podcast edition: https://youtu.be/vlMLqt2oIOY