How international market forces affect NZ property

[Sanya]

Take a look around Auckland, there everywhere, the quarter acre dream is no more

^^ Tis true, but the real value is in land, not in three storey dog kennels that take up precious little of it.

[Perry]

https://www.stuff.co.nz/business/132...-national-doesInvestors now leaving the market.

Well, I'll be STUFFed!

Laugh or cry, the gummint-bribed, taxpayer-paid-for, brain-dead, NZ prostitute media cannot help themselves:

a key tax advantage for investors that Labour is in the process of phasing out.

The same "tax advantage" that every other business in NZ has.

Huh! Hang on! If everyone has it, how does it get to be an advantage for one type of business?

That's right! It doesn't!

[Frezzinghot]

Yes you have to laugh at these puppets

[Jeffa]

M1 money supply is made up of demand deposits, other liquid deposits like savings deposits.

M1 is the most liquid part of the money supply / it contains currency and assets that either are or can be quickly converted to cash

And it's fallen the fastest in 50 years, we are skating on thin ice here this is the same for the US as chatter on Friday of increasing rates further in June

When liquidity runs out, people don't get paid, landlords don't get paid, government tax doesn't get paid, then it ends very badly.

[Jeffa]

M1 money supply is made up of demand deposits, other liquid deposits like savings deposits.

M1 is the most liquid part of the money supply / it contains currency and assets that either are or can be quickly converted to cash

And it's fallen the fastest in 50 years, we are skating on thin ice here this is the same for the US as chatter on Friday of increasing rates further in June

When liquidity runs out, people don't get paid, landlords don't get paid, government tax doesn't get paid, then it ends very badly.

Once the US economy is falling, It’s impossible to navigate a soft landing at zero.

The economy doesn’t just stop declining when the Fed says so

A nasty recession will likely kill Biden’s second term much quicker than 3% inflation.

At this stage Donald Trump is the leading republican candidate

[Jeffa]

Once the US economy is falling, It’s impossible to navigate a soft landing at zero.

The economy doesn’t just stop declining when the Fed says so

A nasty recession will likely kill Biden’s second term much quicker than 3% inflation.

At this stage Donald Trump is the leading republican candidate

Lol.

[McDuck]

Bit dramatic.

[Jeffa]

Although the market has increased the chances of a Fed rate increase in June,


Leaked information this morning to a financial media reporter from inside sources at the Fed.


"The Fed is firming up plans to slow down the pace of rate rises by skipping a June hike, barring a blowout jobs report on Friday"

[Jeffa]

^^US S&P500 up 10% year to date with likely more room to run as Fed hints at pausing rates.

NZX 50 only up 2.5% YTD , likely one of the reasons why the RBNZ hinted a pausing of rate hikes and gave a green light for investors here and around the world to get off the side lines and start investing in the NZ sharemarket.

I don't buy it at all ANZ saying rates will increase again in November..

Everything I repeat everything is manipulated by those who control the world

[Jeffa]

^^US S&P500 up 10% year to date with likely more room to run as Fed hints at pausing rates.

NZX 50 only up 2.5% YTD , likely one of the reasons why the RBNZ hinted a pausing of rate hikes and gave a green light for investors here and around the world to get off the side lines and start investing in the NZ sharemarket.

I don't buy it at all ANZ saying rates will increase again in November..

Everything I repeat everything is manipulated by those who control the world

I don't buy it when ANZ says inflation will increase, how? Immigration, never did in the past, even if the economy has a little growth later this year, it's not an excuse to raise rates again, the economy needs to run hot for rates to go even higher, the housing market and construction market is only on life support ATM, why would ANZ even consider raising rates in November?

[Jeffa]

^^Crude oil down 11% the past month, it's bound for $60 per barrel, this is just more deflationary pressures.

Inflation is dead, it's last year's news, rate hikes are dead, the next movement in the NZ OCR will be down.

[Jeffa]

Artificial intelligence likely to be the next Dot com or Bitcoin boom/Bust.

I'm in it but ready dump it if goes too high too fast

Fed may possibly encourage A.I related stocks to take off (Nasdaq up 30% ytd) as these companies forcast higher margins on profitability from replacing humans with A.I putting tens if not hundreds of thousands of people out of work which is what the Fed/RBNZ want, which will lead to further deflation.

[Frezzinghot]

^^Crude oil down 11% the past month, it's bound for $60 per barrel, this is just more deflationary pressures.

Inflation is dead, it's last year's news, rate hikes are dead, the next movement in the NZ OCR will be down.

Thats interesting, most people are still in fear of a rates rise.

[Jeffa]

Thats interesting, most people are still in fear of a rates rise.

It's just what I'm seeing around the world

Singapore -

https://www.channelnewsasia.com/singapore/fixed-rate-mortgage-home-loans-banks-interest-packages-3517311

Europe -

Euro zone inflation falls more than expected to 6.1% as core pressures ease

https://www.cnbc.com/2023/06/01/inflation-euro-zone-may-2023.html?__source=androidappshare

[Frezzinghot]

https://www.oneroof.co.nz/news/43676?utm_source=nzherald&utm_medium=nzhapp

TA has been watching this thread again.