Crypto is already down 80% from the peak, with still more to go. Stock indexes are on average down 20-25% and I reckon are about halfway done. Bonds are about half way done with their declines as well. All forward looking markets.
The property market is slower to react to rate rises. Price falls have only just started. Below is Christopher Joye's view of where the market might be heading...
https://www.livewiremarkets.com/wires/aussie-house-prices-could-fall-more-than-30-per-cent
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- It's getting scary out there.
Crypto is already down 80% from the peak, with still more to go....
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