Complexity Premia
Episodes
Episode 71; From Lucky Country to Lazy Land: When the State Smothers Markets
21 Dec 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, a hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolaba...
Episode 70: AI Capex: The Trillion-Dollar Inflation Time-Bomb
30 Nov 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah C...
Episode 69: The Hybrid Market Shake-Up; Global Shifts; and What’s Next for Aussie Investors?
29 Oct 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, a hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah...
Episode 68: Making Sense of the Fixed Income Paradox; Rising Term Premia; September Market Rally; Aussie Economic Outlook
15 Oct 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah C...
Episode 67: From the RBA to the Fed: Policy, Politics, and the Hunt for Yield
02 Sep 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah C...
Tariff Trades & Shark Tales - Guest Appearance on Without Boundaries
27 Aug 2025
Contributed by Lukas
In this episode, Christopher Joye (Chief Investment Officer, Coolabah Capital) made a guest appearance on Without Boundaries, a podcast from Russell I...
That Crazy Aussie Shop - Guest Appearance on Without Boundaries
27 Aug 2025
Contributed by Lukas
In this episode, Christopher Joye (Chief Investment Officer, Coolabah Capital) made a guest appearance on Without Boundaries, a podcast from Russell I...
Episode 66: Middle East Tensions, Trump Tariffs & Australia's Economic Drift – Guest Appearance on Straight Talk with Mark Bouris
01 Jul 2025
Contributed by Lukas
In this episode (released on 1 July 2025), Christopher Joye (Chief Investment Officer, Coolabah Capital), made a return guest appearance on the Straig...
Episode 65: Musk–Trump Fallout; RBA to Continue Cutting Rates; Portfolio Performance
11 Jun 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah ...
Episode 64: Hedging April Trade War Chaos; Buying $4bn After Bad News Became Priced; Biggest Opportunities Ahead
13 May 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah C...
Episode 63: Trump’s Tariffs & How the Trade War Will Hit Australia – Guest Appearance on Straight Talk with Mark Bouris
09 Apr 2025
Contributed by Lukas
In this episode (recorded on 1 April 2025), Christopher Joye (Chief Investment Officer, Coolabah Capital), made a guest appearance on the Straight Tal...
Episode 62: Trump’s Tariff Plans; US Fiscal Risks; RBA’s Evolving Rate Outlook; January Returns
27 Feb 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah...
Episode 61: Outlook for 2025; Performance Over Last Year; Trumpian Regime Change; Addressing the Big Questions
22 Jan 2025
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah ...
Episode 60: Hybrid Market Dies; RBA Wants to Cut Rates; Portfolio Performance; Australia's Profound Productivity Puzzle
12 Dec 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast by Coolabah Capital, hosted by Christopher Joye, Chief Investment Officer and Portfolio Manager at Coolabah C...
Episode 59: What Trump Means for Portfolios; Inflation; Interest Rates; and Recent Performance
13 Nov 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 58: September Performance; US Economic Strength; Long-Term Interest Rate Moves; APRA Increases Bank Leverage; Trading Regulatory Risk
09 Oct 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 57: Great Public vs Private Credit Debate; Killer vs Gorilla; Is Private Credit the Next Sub-Prime Crisis; APRA Tries to Kill Hybrid Market…
12 Sep 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 56: $80m Record Home Sale; Is Public Spending Driving Inflation; Reaccelerating in 2025; Dictators vs Democracy; Neo-Socialism
29 Aug 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 55: Volatility Shock; Bond Market Performance; RBA Jawboning; Arrogant Aussies
20 Aug 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 54: What a Trump Presidency means for Inflation, Interest rates, Asset Prices & Geo-Politics
24 Jul 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 53: Episode 53: Will Fed Cut Rates In September; Sahm Rule Implies US Recession Coming; Why PIMCO Says Private Credit Unattractive; And Best Performing Asset-Classes in 2024
16 Jul 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 52: Sovereign Debt Crises are Back; France on the Brink; Aussie States Out of Control; Inflation Numbers Key to Asset Prices
26 Jun 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 51: Zombies Drop Like Flies; Default Cycle Erupts; French Bonds Implode; Fiscal Policy Swamps Monetary Policy; May Returns
17 Jun 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 50: Stagflation; Kiwi Independence; Private Credit LIT; and the New Sub Debt ETF (BSUB)
27 May 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 49: Central Banks Bowing to Politicians; Budget Deficits Powering Inflation; Portfolio Performance
21 May 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 48: April Returns; RBA Struggles with Credibility Crisis; All Eyes on US CPI
14 May 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 47: Flash Podcast; Death of Central Bank Independence; Monetary Mandarins Captive to Political Masters
07 May 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 46: Punchy Podcast; Aussie & US Inflation Surge; Stock Jockeys on Precipice
01 May 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 45: Punchy Flash Podcast; Global Inflation Surge; What it Means for Asset Prices
24 Apr 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 44: The Reacceleration of Inflation; What this Means for Equities & Bonds; Portfolio Outlook; Credit Rating Upgrades for Banks; the Conundrum if we get Immaculate Disinflation and CCI is wrong
10 Apr 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 43; Existential Investment Questions for 2024; Asset-Allocation Shifts; Stubborn Services Inflation; Interest Rate Risks; Asset-Class Performance
01 Mar 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 42: Returns in 2023; Outlook for 2024; Markets Priced for Perfection; Key Latent Risks; Capital Structure Relative Value
10 Jan 2024
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 41: Government Bond Yields Hit 5%; Buying Bank Bonds Yielding 7.5%; Why Fixed-Rate Bond Duration is Attractive; Fed Makes the RBA Look Like Sleepy Hollow
15 Nov 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 40: Bond Yields Increase Further; New Hybrids; Credit Suisse Reflections; and Optimal Asset-Allocation
27 Sep 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 39: Commercial Property in Crisis; Default Cycle Ramps Up; Non-Banks Under Pump; Bond Market Performance; Optimal Asset-Allocation; Best Trade Ideas; Sticky Inflation and Rates
22 Aug 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 38: Winners and Losers in FY23; Best Returns for FY24; Are Rate Hikes Coming to an End; Prepare for a Persistent Pain Trade; Bonds vs Equities
11 Jul 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 37: Silicon Valley Bank; Credit Suisse; the Transfer of Wealth from Equity to Debt; Aussie Banks win in Flight to Quality; Default Cycle Ramps Up; Consumer Buffers; Best Trades and more
27 Apr 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 36: The Coming Recession and Monster Default Cycle; why Illiquidity is Concealing Huge Risks; the Rise of Risk-free Yield and what it Means for Asset-Allocation
08 Mar 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 35: The RBA’s sledgehammer is yet to fall; Bank bonds paying 6.75% pa; Riskier asset-classes to get hosed
14 Feb 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 34: Reflections on 2022 and Outlook for 2023
17 Jan 2023
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 33: Global Recession in 2023; Housing Hammered; Equities Risks; & Bond Market Opportunities
13 Dec 2022
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 32: Hunting Zombie Companies; the Next Sub-Prime Crisis in High-Yield Debt; the Outlook for Interest Rates; and the Aussie Housing Crash Accelerates
15 Sep 2022
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 31: US Recession; Bond Markets Bounce; Record Aussie Housing Correction; Opportunities Emerge
08 Aug 2022
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 30: How March 2022 officially became the worst month in history for the Aussie bond market.
08 Apr 2022
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 29: Whether Crypto is the 21st century Tulip Bulb Bubble?
21 Feb 2022
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager at Coolabah Capital. Th...
Episode 28: Looking ahead into 2022; Trajectory for inflation, rates and asset prices; NSW slashes debt issuance by $20bn; Machines entering bond market
17 Jan 2022
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 27: House prices falling 20% if rates rise; Forecasting global wars; RBA vs bond bandits; October performance
07 Nov 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 26: Inflationary headwinds for duration/equities, ESG Activism, Evergrande, APRA closing $139bn CLF, RBA QE3
11 Oct 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 25: Forecasting Australian Herd Immunity; Vaccines Hitting 91% Adult Coverage; Borders Re-Opening in 2022; And Why the Strong Jobs Data is Not What it Seems...
22 Jun 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 24: Forecasting the Aussie Housing Boom
30 Apr 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital,...
Episode 23: Housing Affordability Non-Crisis; Bond Market Rebound; March Performance; Bank Liquidity Issues; RBA’s QE3 Program; Credit Markets; & Budget Deficits
11 Apr 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 22: The Bond Market Bloodbath; February Returns; RBA QE 3.0 and 4.0; & How the RBA’s Governor Phil Lowe Brutally Blew-Up the Bond Bandits…
14 Mar 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 21: January Returns; RBA QE 1.0, 2.0, 3,0 and 4.0; WWIII; House Bubble Non-Issue; and the Reddit Rambo’s Retail Revolution
08 Feb 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 20: 2020 in Review; Outlook for 2021; Housing Forecasts; Big Left and Right Tail Risks & More
06 Jan 2021
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 19: Traders vs Investors; Why Markets are Ignoring Second Waves; Central Banks Disintermediating Markets; Performance; and Turning Beta into Alpha
25 Aug 2020
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 18: The Next Big Pivot Point for Markets – COVID-19 Vaccines; June Performance; Liquidity in Bond Markets; NAB’s Landmark Unlisted Hybrid Deal; And More
17 Jul 2020
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 17: Mean-Reversion; Don’t Fight the Fed; Aussie Housing; Best Investment Opportunities; Cold War 2.0
23 Jun 2020
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 16: Impact of Covid-19 on Markets, Future Risks Including US-China Relations, Global Debt Crises, EU Disintegration and Aussie Housing
13 May 2020
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 15: Coronavirus Special, Central Bank Action, Next Crisis To Be Triggered by Subprime Corp Loans, Aussie Housing
09 Mar 2020
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 14: 2019 Performance Wrap-up; Coolabah's Approach to Life; Coming of a Dangerous Decade; Rise of Zombie Companies; Lunch with One of the World's Biggest HF Managers
23 Jan 2020
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 13: Bond Market Returns in 2019; Welcoming Pinnacle to our Family; Human Frailties of the World's Greatest Investor; RBA vs the Govt over Fiscal Policy and More...
16 Dec 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 12: Competition Facing the Big Banks; Is High Yield Debt Just Equities in Disguise; Aussie Housing; RBA Rate Cuts & QE; Looking Into Next Year
14 Nov 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 11: Keen vs Joye; Is Capitalism Dead; CBA's New Hybrid Deal; Hybrids vs Foreign High Yield; the Coming of Aussie QE and Much More
09 Oct 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 10: Why the Best Investors Use Shrinks; Magellan’s Revolution; Trade Wars Rumble On; Why Aussie Bonds Pay Higher Outright Spreads; the Power of Questioning the Consensus and more
16 Aug 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 9: “Bail-In-Able” Debt Tsunami Special – Markets In June & July; The TLAC Tidal-Wave; How Early Deals Performed; Can Banks Fund $90bn of Bail-In-Able Bonds; And Thinking About Fair Value
22 Jul 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 8: QE Special – Housing Recovery, RBA Rate Cuts, How Much Banks Pass Through, Trading RBA Quantitative Easing (QE), And Search For Yield
27 Jun 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 7: Trade War Special – Trump and Xi’s Game of Thrones, and May Market Performance Update
04 Jun 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...
Episode 6: ScoMo Wins, Impact on Investments, Housing Market Turning, RBA/APRA rate cuts, Best Pieces of Capital Structure, RMBS Opportunities, ScoMo’s Agenda
27 May 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, a...
Episode 5: Trade War Erupts, Coming of Aussie QE, End of Aussie Housing Correction, How Currency Hedging and Duration Distort Returns and More…
14 May 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, a...
Episode 4: The Big Credit Rally, Is the Housing Bust Over, Will RBA Engage in Unconventional Policy, Could ScoMo Win, Rising RMBS Risks, ALP Franking Failures, and Magellan on LIC Risks
29 Apr 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, a...
Episode 3: Budget Surplus, Could Banks Cut for RBA, RMBS Risks, Great Housing Debate, Unisuper investing $1.3bn in Hybrids and More
30 Mar 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, a...
Episode 2: Will the RBA Blow the Bubble Back-Up, the ESG Alpha Mirage, and Much More
15 Mar 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, a...
Episode 1: Welcome to the Complexity Premia Podcast
04 Mar 2019
Contributed by Lukas
Welcome to the Complexity Premia podcast from Coolabah Capital, which is hosted by Christopher Joye, CIO and portfolio manager of Coolabah Capital, an...