Please do a show on what has caused the basic home to the deviate by 2 to 3% from the RBA Interest Rate. Back in the 90s it was only 1% deviation from the RBA Interest Rate. Way are Australian being gouged by the banks.
I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some investors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
Higher interest rates make the national debt more expensive so it is unlikely the Fed will raise rates. Lower interest rates will have a stimulative effect on the economy which put upward pressure on the rate of inflation, which means the Fed is unlikely to lower the Fed Funds Rate. So, in my humble opinion, the Fed will not change interest rates until they are forced to by the next crisis.
@@goodiesify1) The BRICS concept exits to move international trade AWAY from the dollar 2) an economy with a currency backed by gold can only grow as fast as the gold supply grows. If America were still on the gold standard, the economy would be far smaller. 3) I think the answer is to strongly link growth in the money supply to growth in GDP. Prevent the Fed from "goosing" the economy by excessive growth in the money supply
Great channel and I really liked this video. Request: Please dump the background music. It is intermittent which makes it super distracting. There is a reason why there is no background music in business meetings and College lectures. ;) Thanks for all of the work you do on this channel 👍
I was just reading a book on the creation of the Fed. Found out why there are 13 regional Fed throughout the US. In 1913 these regional Feds needed to be within 24 hours travel by railroad to every bank in the country to rush emergency reserves to them if needed.
Really good as always. Your research, insight and analysis has gotten better and better. Thanks for all the hard work you put into making these videos.
He didn't say "rates will keep rising in 2024". He titled it "rates are rising in 2024" which is true to the data we have so far. In that case the title is not a lie or trick to get you to watch the video.
@Hamish, aren’t the vast majority of US mortgages on fixed rates for decades (variable rate mortgages are referred to as “sub-prime”)? If this is the case, why do these mortgagees care what happens to the cash rate? Should they care more about their job stability?
Yes, they are generally fixed for the life of the loan but aren’t portable. Anyone wanting to move house is up for a big jump in interest rate if they purchased or refinanced while rates were at rock bottom.
Businesses borrowed money during the pandemic. Most of these loans have ran out by now and probably on a variable rate. The banks knew what they were doing there.😂
pay attention to what the Fed actually does, not what the chairman of the Fed says. The Fed has a limited toolbox, the podium is the tool the Fed uses most often.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
@@ThomasChai05Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
*Gertrude Margaret Quinto* a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
if you measure inflation like they did back in the 70s and 80s we are over 7% annual inflation right now. There is only one cure for that, to raise rates to that level. But if they do that, multiple banks will implode as well as 10s of millions of people get laid off. Do you think they are going to do that in an election year where one of the people running for president has said he would remove the current head of the Fed? Rates are going to go up, but not until after the election. Unfortunately inflation will just run rampant until then. No big deal. lol
Tell it to the broke. For 2022 Harvard and Larry Summers determined inflation ran at 18% instead of what the official figures posted were based on the previous government equation that the government removed.
Feds printing causing inflation. Its not back by anything and interest is just another tax. Create a problem, reaction, solution. The brics system will kill the dollar as we know it. Gold standard is coming back very soon.
Powell telegraphed the cuts then the herd stampeded equities. That alone should have flashed huge red lights on rate cuts because the very same thing will happen to assets if money gets cheaper. Volcker is rolling over. The upper 20% is the main driver. The bottom 80% credit card balances say it all about their financial health.
Of all the money Managers and investors that have given their outlook on Interest rates in 2024, only Steve Eisman seems to be the most pragmatic, he says most people (investors) have come to optimistic about interest rates reductions in 2024...he says, that he cautiously see's only once will the FED board reduce interest rates, best case scenario...but otherwise, from the look of things and economic data, interest will hover around the same levels if not increase. - GDP is growing - Inflation is being managed and reducing - The labour market is stable So the question is, why adjust things and everything seems to be going on at a steady pace? unless they repeat the same thing volcker did in the 1970s, reducing interest rates too soon, and causing inflation to jump over the moon. It still rings fresh in their minds, and no FED chair wants a repeat of the same.
I wouldn't think of the Feds notes on future inflation or future rate cuts as what they truly believe to be the future, but rather, its the information they want to put in the ears of the public to help guide the future in the way they want. The Fed didnt /want/ inflation to go up very high, so they made a public announcement that they projected it to not go up very high. What would've happened if they released projections that it /would/ to up very high? It would've went up even higher. The Fed isnt in the business of predicting the future. They're in the business of creating the future. That includes using deception as a tactic.
No one held a gun to my head when I got a mortgage... And everyone laughed at me when I locked my rate in. No idea what your smoking... Wish l had some because it's some good stuff.
I fully expect the Fed to allow inflation (by whatever measure) to remain higher than 2%. The Fed will tolerate this moderately higher inflation because they won't raise the Federal Funds Rate. Until they raise the Fed Funds rate, all the talk about reducing inflation is simply that, just talk.
Freight/supply chain is destroyed. Major companies down 20-30% across the board. Truck drivers hurting. Worst its been in over 30 years. Not long until the rest catches up to the supply chain
@@youtubetim3577 Thats only because of how many covid took out. The fact that growth in the trucking industry hasnt rebounded shows that the economy may have picked up from pre covid lows, but it has not recovered and certainly hasnt grown.
If the us people want to becoming free from interests they should quit this notorious economic system. For usa per capital economic model will suit than no other model. In the per capital system a person should keep a capital of which he will earn. Thus this capital he will invest on his business. The profit will divide in all of the partners of the business.
Middle East tension between Iran and Israel could escalate very soon into direct conflict, oil prices will increase more causing a shock to the system and then inflation will rise. Rates will need to be increased if this happens.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with a small investment, thank you Anna Williams.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
wow. I'm a bit perplexed seeing her been mentioned here also didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
what impressed me most about Anna Williams is how she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure trades.
If they want to save the dollar, then yes they will have to keep jacking up the interest. But increasing the interest rates to over 8% will crash the stock market. So destroy the stock market and save the dollar or vice-versa? Lol
If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” Joseph Goebbels
“A constitutional republic, not a democracy. The ideal of democracy is universal equality, the ideal of a constitutional republic is individual liberty. A democracy always degenerates into a dictatorship which promises government guaranteed equality and security, but it delivers nothing but poverty" Geoff Caldwell: May 12, 2019
Matthew 21:12-13 Then Jesus went into the temple of God and drove out all those who bought and sold in the temple, and overturned the tables of the money changers and the seats of those who sold doves. And He said to them, “It is written, 'My house shall be called a house of prayer,' but you have made it a 'den of thieves.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford
When they put rates up, inflation rises.......after higher rates settle in.....if they then lower rates, inflation rises steeply again. Interest rates will go up yet......we are heading towards 20% over the next few years. There is a forty year cycle where interest rates go from somwhere near 20% down to close to 0 % ....... then back to 20%. The last time we saw around 20 % was 30 years ago.
Go to www.piavpn.com/Hamish to get 83% off Private Internet Access with 4 months free!
Please do a show on what has caused the basic home to the deviate by 2 to 3% from the RBA Interest Rate. Back in the 90s it was only 1% deviation from the RBA Interest Rate. Way are Australian being gouged by the banks.
I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some investors still make that despite the strong bear market. In wish I could pull that feat
I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.
This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Carol Vivian Constable for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.
Thank you for this. I'm gonna check her out and try to reach her. I hope she gets back to me.
Higher interest rates make the national debt more expensive so it is unlikely the Fed will raise rates. Lower interest rates will have a stimulative effect on the economy which put upward pressure on the rate of inflation, which means the Fed is unlikely to lower the Fed Funds Rate. So, in my humble opinion, the Fed will not change interest rates until they are forced to by the next crisis.
I have a better idea. Dump the fed dollar and join the brics back gold currency 😂
@@goodiesify1) The BRICS concept exits to move international trade AWAY from the dollar 2) an economy with a currency backed by gold can only grow as fast as the gold supply grows. If America were still on the gold standard, the economy would be far smaller. 3) I think the answer is to strongly link growth in the money supply to growth in GDP. Prevent the Fed from "goosing" the economy by excessive growth in the money supply
Very interesting, thank you.
Your channel has come a long way!! You deserve everything you have and more!! You are an honest channel and I am happy for your progress!!
Yup. Deficit spending continues. They have no choice but to keep rates higher for longer.
Deficit is higher because of interest rates
very informative
Great channel and I really liked this video.
Request: Please dump the background music. It is intermittent which makes it super distracting. There is a reason why there is no background music in business meetings and College lectures. ;)
Thanks for all of the work you do on this channel 👍
Your videos are really good.
I was just reading a book on the creation of the Fed. Found out why there are 13 regional Fed throughout the US. In 1913 these regional Feds needed to be within 24 hours travel by railroad to every bank in the country to rush emergency reserves to them if needed.
Really good as always. Your research, insight and analysis has gotten better and better. Thanks for all the hard work you put into making these videos.
nice vid👍🏼
Another fantastic video hamish, really enjoy these deeper dives 😍👍
Videos are getting better and better Hamish
I loved everything about this video except the clickbait title.
But isnt it why you clicked?
It’s not clickbait, it’s probably right.
It's not tho
@@playchiseltip4454yes, but I don’t have to like it. You can’t make me!!!
He didn't say "rates will keep rising in 2024". He titled it "rates are rising in 2024" which is true to the data we have so far. In that case the title is not a lie or trick to get you to watch the video.
@Hamish, aren’t the vast majority of US mortgages on fixed rates for decades (variable rate mortgages are referred to as “sub-prime”)? If this is the case, why do these mortgagees care what happens to the cash rate? Should they care more about their job stability?
I heard that as well, but I think he means market costs for new mortgages.
Yes, they are generally fixed for the life of the loan but aren’t portable. Anyone wanting to move house is up for a big jump in interest rate if they purchased or refinanced while rates were at rock bottom.
Businesses borrowed money during the pandemic. Most of these loans have ran out by now and probably on a variable rate. The banks knew what they were doing there.😂
So true
“Anyone who can make you believe absurdities can make you commit atrocities.”
Misleading clickbait title
It depends how you interpreted the title. Mortgage rates have gone up, so the title is correct.
pay attention to what the Fed actually does, not what the chairman of the Fed says. The Fed has a limited toolbox, the podium is the tool the Fed uses most often.
Yep
Bro, don't mislead in your ads, your connection is encrypted without VPN most of the time, because almost every service today uses HTTPS.
Another quality episode Hammish. Great work
stable prices = my grocery bills are up 200% employment = everything is coming from the government workers
print baby print, there is no other game in town
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.
Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.
@@ThomasChai05Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
*Gertrude Margaret Quinto* a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
if you measure inflation like they did back in the 70s and 80s we are over 7% annual inflation right now. There is only one cure for that, to raise rates to that level. But if they do that, multiple banks will implode as well as 10s of millions of people get laid off. Do you think they are going to do that in an election year where one of the people running for president has said he would remove the current head of the Fed?
Rates are going to go up, but not until after the election. Unfortunately inflation will just run rampant until then. No big deal. lol
Tell it to the broke. For 2022 Harvard and Larry Summers determined inflation ran at 18% instead of what the official figures posted were based on the previous government equation that the government removed.
Feds printing causing inflation. Its not back by anything and interest is just another tax. Create a problem, reaction, solution. The brics system will kill the dollar as we know it. Gold standard is coming back very soon.
Wrong... The 2+ yr. UST rates reflect what THE MARKET believes will be happening with growth & inflation, NOT what "the Fed will do in the future".
Yeah you tell 'im
The market is heavily influenced by the fed dot plot so yes the fed does influence long term treasury rates
@@clint3868 Hell yeah
Australian banks are starting to lower mortgage rates... and bank savings accounts. WHY!
Fed pays IORB on reserves, rather than EFF. IORB% > EFF%
Powell telegraphed the cuts then the herd stampeded equities. That alone should have flashed huge red lights on rate cuts because the very same thing will happen to assets if money gets cheaper. Volcker is rolling over. The upper 20% is the main driver. The bottom 80% credit card balances say it all about their financial health.
Of all the money Managers and investors that have given their outlook on Interest rates in 2024, only Steve Eisman seems to be the most pragmatic, he says most people (investors) have come to optimistic about interest rates reductions in 2024...he says, that he cautiously see's only once will the FED board reduce interest rates, best case scenario...but otherwise, from the look of things and economic data, interest will hover around the same levels if not increase.
- GDP is growing
- Inflation is being managed and reducing
- The labour market is stable
So the question is, why adjust things and everything seems to be going on at a steady pace? unless they repeat the same thing volcker did in the 1970s, reducing interest rates too soon, and causing inflation to jump over the moon.
It still rings fresh in their minds, and no FED chair wants a repeat of the same.
I wouldn't think of the Feds notes on future inflation or future rate cuts as what they truly believe to be the future, but rather, its the information they want to put in the ears of the public to help guide the future in the way they want.
The Fed didnt /want/ inflation to go up very high, so they made a public announcement that they projected it to not go up very high. What would've happened if they released projections that it /would/ to up very high? It would've went up even higher. The Fed isnt in the business of predicting the future. They're in the business of creating the future. That includes using deception as a tactic.
When the rich rob the poor... It's called business. When the poor fight back... It's called violence.''-- Mark Twain
No one held a gun to my head when I got a mortgage... And everyone laughed at me when I locked my rate in.
No idea what your smoking... Wish l had some because it's some good stuff.
Twain himself was a rich man.
Congratulations you have Google and you searched for a quote on rich vs poor.
The poor robs the middle class via welfare state until they all become poor.
We are all small businesses and the poor compare to the beast of government.
I fully expect the Fed to allow inflation (by whatever measure) to remain higher than 2%. The Fed will tolerate this moderately higher inflation because they won't raise the Federal Funds Rate. Until they raise the Fed Funds rate, all the talk about reducing inflation is simply that, just talk.
Price stability??? What world are you living in.
Being lied to is easier than lying to yourself
If you artificially keep short rates low Hamish, the long rate explodes. If we get rate cuts this year, the 10YR yield is the one to watch.
Freight/supply chain is destroyed. Major companies down 20-30% across the board. Truck drivers hurting. Worst its been in over 30 years. Not long until the rest catches up to the supply chain
What?? Truck drivers hurting.. its still booming what world you living in, im a truck driver and your comment is hilarious
@@youtubetim3577 Thats only because of how many covid took out. The fact that growth in the trucking industry hasnt rebounded shows that the economy may have picked up from pre covid lows, but it has not recovered and certainly hasnt grown.
@@worndown8280 your such a clown and delusional
love from america
If the us people want to becoming free from interests they should quit this notorious economic system. For usa per capital economic model will suit than no other model. In the per capital system a person should keep a capital of which he will earn. Thus this capital he will invest on his business. The profit will divide in all of the partners of the business.
Inflation has been intolerable. We need to keep an AVERAGE of two percent and need it BELOW two percent to even out the damage.
Cash Out!
Middle East tension between Iran and Israel could escalate very soon into direct conflict, oil prices will increase more causing a shock to the system and then inflation will rise. Rates will need to be increased if this happens.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with a small investment, thank you Anna Williams.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
wow. I'm a bit perplexed seeing her been mentioned here also didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
what impressed me most about Anna Williams is how she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure trades.
“Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles.”
If they want to save the dollar, then yes they will have to keep jacking up the interest. But increasing the interest rates to over 8% will crash the stock market.
So destroy the stock market and save the dollar or vice-versa? Lol
If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.”
Joseph Goebbels
“A constitutional republic, not a democracy. The ideal of democracy is universal equality, the ideal of a constitutional republic is individual liberty. A democracy always degenerates into a dictatorship which promises government guaranteed equality and security, but it delivers nothing but poverty"
Geoff Caldwell:
May 12, 2019
"We'll know our disinformation program is complete when everything the American public believes is false." - William J. Casey, CIA Director ...
"When tyranny becomes law, rebellion becomes duty."
Thomas Jefferson
Click bait
Matthew 21:12-13
Then Jesus went into the temple of God and drove out all those who bought and sold in the temple, and overturned the tables of the money changers and the seats of those who sold doves. And He said to them, “It is written, 'My house shall be called a house of prayer,' but you have made it a 'den of thieves.
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford
When they put rates up, inflation rises.......after higher rates settle in.....if they then lower rates, inflation rises steeply again.
Interest rates will go up yet......we are heading towards 20% over the next few years. There is a forty year cycle where interest rates go from somwhere near 20% down to close to 0 % ....... then back to 20%.
The last time we saw around 20 % was 30 years ago.
Click bait title . @harmish Honesty and transparency develops trust , stop these shenanigans
Kugler ignored the money printing flood during the pandemic and the ridiculous and continuous Federal spending.
That clickbait though.. Unsubbed.
Awe cmon. Let the man grow.
Oh come on. By the looks of your photo, you're definitely "subbing" for someone.
classic click bait.
Classic.
Unsubscribed!