over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
The question is why they're dumping and it's not because markets think inflation is under control.
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,747
- Reactions
- 12,931
Indeed!!!!!!!!!
Either way it my thesis is that the debt market will blow up somehow. Exactly how that would happen I have never had a clue, I'm not that smart
But basically the stock market is the bond market's bitch... And the bond market has got out it's ropes, mouth gags and riding crops.
IOW, the stock market is a derivative of the bond market and we should be watching Bonds rather than stocks
FWIW
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
Term Deposits – CommBank
Feel confident knowing the fixed rate of return on your savings with a CommBank term deposit account. Take a look at our interest rates and invest from $5,000.
Australian Term Deposit Account | Fixed Interest Rate - HSBC AU
HSBC Australian Term Deposit Account offers fixed interest rates with a minimum balance of AUD$5,000 for your chosen long or short term. Apply online today.
www.hsbc.com.au
Term deposit and "special bonus" savings account rates have dropped already. I trade through commsec but my other stuff I do through HSBC as they do foreign currency accounts and even do foreign currency savings & term deposit accounts you can view here: https://www.hsbc.com.au/accounts/products/foreign-currency-term-deposits/
You obviously expose yourself to exchange rate fluctuations but as I showed before, you'd be +8% in barely over a month if you'd timed an AUD-USD move just a few weeks back:
You get lots of perks of being a "premier" customer if you deposit enough cash with them too
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
Yep and if the authorities have a choice between inflation or recession and are going to choose inflation then we bet on inflation.
- Joined
- 20 July 2021
- Posts
- 11,306
- Reactions
- 15,681
???
i understood it at 'face value' , a crafty trader/investor might buy them at a discount on the market ( say from the recent SVB sell-down )
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
Five days. Fastest in history. Toot toot.
CPI drops in three minutes.
- Joined
- 3 November 2013
- Posts
- 1,568
- Reactions
- 2,771
CPI as expected but core holding up..... This is sticky and tricky
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
Futures all moved (dropped), energy now the best sector premarket
My two cents reference the next rate hike: It'll be exactly as stated in forward guidance. We've had this "are they still going to do what they said they'd do" question over and over and over and over and markets are now starting to think it too:
The whole curve is well & truly off its dip and everything also bounced in response to the CPI data. This whole thing's been a storm in a teacup.
We now start the clock for when fixed income rates are right back where they were. It'll be before the end of the week the way we're going at the moment.
Yesterday was a hell of a buying opportunity.
Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,684
- Reactions
- 6,539
Yes, agree, an overreaction.Futures all moved (dropped), energy now the best sector premarket
My two cents reference the next rate hike: It'll be exactly as stated in forward guidance. We've had this "are they still going to do what they said they'd do" question over and over and over and over and markets are now starting to think it too:
View attachment 154378View attachment 154379
The whole curve is well & truly off its dip and everything also bounced in response to the CPI data. This whole thing's been a storm in a teacup.
We now start the clock for when fixed income rates are right back where they were. It'll be before the end of the week the way we're going at the moment.
Yesterday was a hell of a buying opportunity.
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
Because fcuk your 250k limit, right?
Deposit insurance now guaranteed to infinity by the U.S government, now if we're one of a bank's creditors we just dump a couple hundred million in a term deposit instead (none of this corporate bond rubbish), default probability now effectively 0%.
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
Tech layoffs continue, finance industry in structural decline, but I can't see why healthcare would be getting smashed too. That one seems quite odd.
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
And now that all the carryon is over, we can get back to this little conundrum:
I made quite a big series of posts about this a little while ago and it hasn't gone away, nor is going to.
Services basically just means labour, food, and energy. It's people going out and doing stuff and paying someone else to facilitate it.
I made quite a big series of posts about this a little while ago and it hasn't gone away, nor is going to.
Services basically just means labour, food, and energy. It's people going out and doing stuff and paying someone else to facilitate it.
- Joined
- 3 November 2013
- Posts
- 1,568
- Reactions
- 2,771
Not sure about energy, WTI crude is about to crack through $70...
Interesting to see what happens with goods inflation v. services. The latter is the main driver for CPI at this stage, but goods inflation keeps heading downwards.
Is it possible to have goods inflation negative I. E. Deflationary, whilst services remains positive?
Interesting to see what happens with goods inflation v. services. The latter is the main driver for CPI at this stage, but goods inflation keeps heading downwards.
Is it possible to have goods inflation negative I. E. Deflationary, whilst services remains positive?
Knobby22
Mmmmmm 2nd breakfast
- Joined
- 13 October 2004
- Posts
- 9,684
- Reactions
- 6,539
I can't see why inflation will suddenly end due to a couple of poorly run banks going under. We may see a month off where we don't get a rate rise but it will resume soon after.
- Joined
- 6 December 2021
- Posts
- 104
- Reactions
- 143
Isn't this the "fat sonic" art thing.
Cartoon version of getting "rickrolled".
- Joined
- 6 December 2021
- Posts
- 104
- Reactions
- 143
i only speak english & a bit of spanish
they arrested him
Co-creator of ‘Sonic the Hedgehog’ arrested on charges of insider trading
Yuji Naka accused of buying 10,000 shares before a major mobile announcement.
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
U.S dollar's been pulling HARD though, which accounts for a significant amount of the moves in basically all USD denominated assets.
But as smurf's pointed out, the supply side is not exactly dramatically improving.
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,244
- Reactions
- 7,355
Credit suisse now staring down the barrel, europe markets all in the toilet (banks the worst), fixed income rates plummeting, U.S futures getting pummeled while the USD screams, it's just silicone valley bank contagion round two.
- Joined
- 3 November 2013
- Posts
- 1,568
- Reactions
- 2,771
RIP credit Suisse shareholders
Similar threads
