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Showing 101 - 110 of 369 results for "Mistake"

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
NAB chief executive Andrew Thorburn said the venture into wealth management by Australia's big banks was most likely a failure. Opening the final week of hearings into misconduct in financial services today in Melbourne, counsel assisting Michael Hodge ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... Australia (1.5% official cash rate). However, the Fed's one-eyed focus on growth is increasing the risk of a policy mistake. More so, because gangbusting growth has not produced an equivalent surge in inflation - the PCE price index (headline and ...

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... Wall Street down... it's because of the US-China trade war, Brexit, Italy, overvaluation, peak earnings, Fed policy mistake. Wash, rinse, repeat at the next down day. Wall Street up... easing trade tensions, good news on Brexit and Italy, China policy ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
... voted to raise the Bank Rate by 25 bps to 0.75% on the 2nd of August, BOE governor Mark Carney was quoted as saying, "The mistake is to always wait, wait, wait until you have perfect certainty" before acting on policy. But that was August. The BOE kept ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
... very much. Trump's correct in claiming a few weeks ago that the Fed is "is far too stringent... they're making a mistake and it's not right" given continued tame inflation and inflation expectations. Core CPI inflation was unchanged at 2.2% ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
... multiplying on growing concerns over: Wall Street's heightened volatility, Fed rate rises and the risk of a policy mistake, Trump's protectionist policy, China's slowdown, Italy's budget deficit, geo-politics (Saudi Arabia), emerging ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... depreciating currencies is being compounded by rising oil prices. It appears that the Fed - and the risk of it making a policy mistake - is becoming a bigger worry than Trump's trade war or China's slowdown or Kim's nukes or Saudi Arabia's ...

Advisers: Keep your clients off A Current Affair

JAMIE WILLIAMSON  |  FRIDAY, 12 OCT 2018
Sunsuper chief economist Brian Parker told delegates at the AFA National Adviser Conference their role is to ensure their clients don't end up a case study for A Current Affair. Ending his presentation on the state of the global economy this week, Parker ...

Chief economist update: It wasn't me, it's the Fed

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
... strong, very powerful, and it causes difficulty doing business." The Fed "is far too stringent... they're making a mistake and it's not right." Well, Trump's correct if you look at the litany of reasons behind the past two-day's sell-off ...

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
... Advisers' National Adviser Conference, AFA general manager of policy and professionalism Phil Anderson said it would be a big mistake if the advice industry were to ignore the findings of Commissioner Hayne's interim report. "There's no question that ...