Black Monday

[Panda-NZ-]

Thoughts on whether the regional bank issues are resolved?

I'm looking at IAT (ishares regional bank) currently.

[SailorRob]

Thoughts on whether the regional bank issues are resolved?

I'm looking at IAT (ishares regional bank) currently.

Good way to play it, issues not resolved but certainly more visibility.

You have to have more insight than the market I guess to gain from a miss pricing here.

But even the bigger financials etf's are trading at massive discounts to the market.

Hard to see how you don't do OK over next few years.

[bull....]

china is where you should be watching

markets tanking this yr
property market on verge of collapse
economy failing to fire from covid lockdowns like western countries did
exports and industrial profits falling

starting to effect asx stocks recently

[winner69]

OZ CPI defies market expectations …April print 6.8% v expectations 6.4%

More rate hikes in Oz likely

[bull....]

OZ CPI defies market expectations …April print 6.8% v expectations 6.4%

More rate hikes in Oz likely

find out next tuesday

[causecelebre]

Looking good for rest of year

When markets are down & sideways they had a median return of 9.1% (including dividends and adjusting for inflation) over the next year.

My latest on why the current market environment is bullish for future returns:
https://ofdollarsanddata.com/why-dow...s-are-bullish/

Do you read Nick Maggiulli as well? I read "Just Keep Buying" last year. Its an excellent read and I subscribe to a lot of what he says in that book. Of course, many here have the ability to actively manage themselves but for other investors the data is compelling

[Valuegrowth]

https://www.cnbc.com/2023/05/31/asia-markets.html

[Valuegrowth]

https://www.afr.com/markets/equity-m...0230530-p5dcdt

[bull....]

Australia’s House Prices Rise Sharply in May, Driven by Sydney


Australia’s house prices climbed for a third straight month in May, suggesting further interest-rate increases may be needed to cool resurgent demand that threatens to exacerbate inflationary pressures in the economy.

https://www.bloomberg.com/news/artic...d=premium-asia

the same is starting to happen here so if follow similar pattern house prices should start to rise soon

Strong population growth in Australia has boosted demand for housing while a supply shortage and persistently low levels of advertised listings are also fueling prices

im guessing this is why anz called a bottom based on aus

anyway it all had to happen as NZ and Aus have large parts of economy reliant on housing so they would never let it collapse

[NeverQuestion]

Australia’s House Prices Rise Sharply in May, Driven by Sydney


Australia’s house prices climbed for a third straight month in May, suggesting further interest-rate increases may be needed to cool resurgent demand that threatens to exacerbate inflationary pressures in the economy.

https://www.bloomberg.com/news/artic...d=premium-asia

the same is starting to happen here so if follow similar pattern house prices should start to rise soon

Strong population growth in Australia has boosted demand for housing while a supply shortage and persistently low levels of advertised listings are also fueling prices

im guessing this is why anz called a bottom based on aus

anyway it all had to happen as NZ and Aus have large parts of economy reliant on housing so they would never let it collapse

Central Banks removed house prices from their inflation tracking metrics.. That is why house prices have been climbing so much this past decade, hence why central banks only just started to report that "Inflation" is now exceeding 2%.. So this unlikely to impact interest rate decisions