500,000 Aussies facing mortgage ‘cliff’ as ultra-low fixed-rate terms wind down

by Boo_Randy The housing bubble busts in the hottest markets like Australia and New Zealand, where people borrowed as much as 11X their income due to insanely overpriced housing, are going to be spectacular. Got popcorn? https://www.news.com.au/finance/economy/interest-rates/500000-aussies-facing-mortgage-cliff-as-ultralow-fixedrate-terms-wind-down/news-story/c12c6a483498468ee017a48dba58d37d Hundreds of thousands …

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Gold Jumps Despite Ultra-Hawkish Fed

by Arkadiusz Sieron of Sunshine Profits The FOMC finally raised interest rates and signaled six more hikes this year. Despite the very hawkish dot plot, gold went up in initial reaction. There has been no breakthrough in Ukraine. Russian invasion has largely stalled on …

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Where the World’s Ultra Rich Population Lives

by visualcapitalist We’ve recently broken down data on the global population of millionaires by city, and even the residences of the world’s top 50 billionaires. But still, there’s something extremely interesting about dissecting the lifestyles of the ultra rich – particularly in looking …

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