{"id":826,"date":"2011-09-19T00:14:17","date_gmt":"2011-09-19T04:14:17","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=826"},"modified":"2011-09-19T00:14:17","modified_gmt":"2011-09-19T04:14:17","slug":"more-on-bank-funding-vulnerability-macrobusiness-com-au","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/","title":{"rendered":"More on bank funding vulnerability – macrobusiness.com.au"},"content":{"rendered":"

Note the rather large spread that\u2019s opened up between the market\u2019s expectations for the official cash rate and the BBSW rate.<\/p>\n

…………To make the point about how unusual this situation is, let\u2019s take a look at the spread over a longer time frame……. As you can see, the GFC is the only other period where this spread has blown out in this way.<\/p>\n

………..The US and Great Britain, which led the interbank seizure in the last crisis, have risen mildly. Of the Western markets, only Australia and Europe have spiked in a way resembling the GFC.<\/p><\/blockquote>\n

via More on bank funding vulnerability – macrobusiness.com.au<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Note the rather large spread that\u2019s opened up between the market\u2019s expectations for the official cash rate and the BBSW rate. …………To make the point about how unusual this situation is, let\u2019s take a look at the spread over a longer time frame……. As you can see, the GFC is the only other period where … <\/p>\n

Continue reading “More on bank funding vulnerability – macrobusiness.com.au”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40],"tags":[290,397,609],"class_list":["post-826","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","tag-australia","tag-bbsw","tag-cash-rate"],"yoast_head":"\nMore on bank funding vulnerability - macrobusiness.com.au - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More on bank funding vulnerability - macrobusiness.com.au - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Note the rather large spread that\u2019s opened up between the market\u2019s expectations for the official cash rate and the BBSW rate. …………To make the point about how unusual this situation is, let\u2019s take a look at the spread over a longer time frame……. As you can see, the GFC is the only other period where … Continue reading "More on bank funding vulnerability – macrobusiness.com.au"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2011-09-19T04:14:17+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"More on bank funding vulnerability – macrobusiness.com.au\",\"datePublished\":\"2011-09-19T04:14:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/\"},\"wordCount\":118,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"Australia\",\"BBSW\",\"cash rate\"],\"articleSection\":[\"Australia & NZ\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/\",\"name\":\"More on bank funding vulnerability - macrobusiness.com.au - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2011-09-19T04:14:17+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/19\/more-on-bank-funding-vulnerability-macrobusiness-com-au\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"More on bank funding vulnerability – macrobusiness.com.au\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Exports continue to climb, especially in the Resources sector. Manufacturing is the only flat spot. Business investment remains weak and is likely to impact on long-term growth in both profits and wages. The decline is particularly steep in the Manufacturing sector\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2324,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/23\/the-credit-crunch-is-coming-macrobusiness-com-au\/","url_meta":{"origin":826,"position":1},"title":"The credit crunch is coming – macrobusiness.com.au","author":"ColinTwiggs","date":"November 23, 2011","format":false,"excerpt":"The SMH has [a] very important story this morning on the funding crisis that is bearing down on the major banks: Australian banks are preparing for a potential freeze in global funding markets as Europe\u2019s worsening stresses threaten to send the world\u2019s financial markets into a tailspin. Renewed funding pressures\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38625,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/11\/08\/westpac-consumer-sentiment-falls-below-gfc-low\/","url_meta":{"origin":826,"position":2},"title":"Westpac consumer sentiment falls below GFC low","author":"Colin Twiggs","date":"November 8, 2022","format":false,"excerpt":"The Westpac Melbourne Institute Consumer Sentiment Index plunged to 78.0 in October, below the 79.0 low point of the 2008 global financial crisis and close to its April 2020 low at the outbreak of the COVID pandemic. Faced by the triple threat of rising inflation, rising interest rates and soaring\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australia: Westpac Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-08-aus-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-08-aus-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-08-aus-sentiment.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":6099,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/08\/australia-did-apra-assume-a-bailout-in-its-stress-test\/","url_meta":{"origin":826,"position":3},"title":"Australia: Did APRA assume a bailout in its stress test?","author":"Colin Twiggs","date":"November 8, 2012","format":false,"excerpt":"Houses and Holes at Macrobusiness.com.au makes an important point regarding the Australian mortgage insurance sector towards the end of this article: John Laker, head of APRA, is out today with a speech in which he announced the results of a recent APRA stress test of Australian banks. Here is the\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Stress Test","src":"https:\/\/i0.wp.com\/www.macrobusiness.com.au\/wp-content\/uploads\/2012\/11\/stress_test-300x255.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":36917,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/09\/01\/commonwealth-bank-cba-2\/","url_meta":{"origin":826,"position":4},"title":"Commonwealth Bank (CBA)","author":"Colin Twiggs","date":"September 1, 2022","format":false,"excerpt":"Commonwealth Bank (CBA) is the largest of the four major Australian banks, based on total assets. Its core business is the provision of retail, business, and institutional banking services, primarily in Australia and New Zealand. Credit ratings are sound: AA- rating from S&P, outlook stable; Aa3 from Moody's, outlook stable;\u2026","rel":"","context":"In "Australian Growth"","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":819,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/09\/18\/rate-cuts-are-coming-macrobusiness-com-au\/","url_meta":{"origin":826,"position":5},"title":"Rate cuts are coming – macrobusiness.com.au","author":"ColinTwiggs","date":"September 18, 2011","format":false,"excerpt":"The recent seasonal adjustments to the CPI and the reduction in the level of underlying inflation blunts the force of the RBA\u2019s recent argument about inflationary pressures. But, absent an offshore catalysing event, that alone won\u2019t make them cut rates. Rather I think that household retrenchment and saving will lower\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=826"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/826\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}