We look at the latest credit data, which is all about booming mortgage lending. Given the rate of change of credit, home prices are set to rise higher. Totally the wrong time to remove responsible lending obligations from the banks!
Go to the Walk The World Universe at https://walktheworld.com.au/
The logic I hear all the time is the RBA won’t let home prices fall too far because of the financial stability risk consequences....
More weakness in markets as we close the year. The realisation of higher rates and recession risk hitting earnings is hitting home as big-tech...
This is the edited version of our recent live event. You can see the original stream recording, including the live chat replay, here: https://youtu.be/Z03jkJEmvOI