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Showing 41 - 50 of 298 results for "US President"

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... resume work and re-boot the economy once the virus is contained," the US Labor Department said. It comes a week after US President Donald Trump signed a US$2 trillion stimulus package, the largest in the country's history. At the time, House Speaker ...

Chief economist update: Oil gush

BENJAMIN ONG  |  FRIDAY, 3 APR 2020
... bonds, accounting for more than 11% of the US high-yield market - catching out many investors seeking higher yields. US president Donald Trump's latest tweet has reversed proceedings: "Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... economic fundamentals, to suddenly and sharply decline in value." Barrack - who reportedly has a close relationship with US President Donald Trump - warned that banks, publicly-traded mortgage REITs and other non-bank lenders could find themselves in ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... the world have announced their stimulus packages to cushion the economic burden. The largest, unsurprisingly, was US President Donald Trump's "go big" strategy, announcing a US$1 trillion plan with $250 billion for direct cheques to the American ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... to say, don't say anything at all." This quote, attributed to Alice Roosevelt Longworth - daughter of former US President Teddy Roosevelt - had me struggling on whether or not to submit my daily rant for today. Here's to hoping I'm 200% way ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from US President Donald Trump all triggering one of the worst days on Wall Street since 1987. While some investors appear to be optimistic ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency and announcement of US$50 billion fund to fight the coronavirus pandemic. This ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... announced in July, September and October (that took the fed funds rate from 2.25%-2.5% to 1.5%-1.75%). That was before US President Donald Trump was impeached (though later cleared) and corona became known as the virus that's currently infecting ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
... to bullion, mining shares and gold-backed ETFs to safeguard their wealth. Fuel was added to gold's fire after US President Donald Trump threatened to attack Iranian cultural sites if Tehran carried out revenge attacks on the US, stoking fears of ...

Rising tensions to weigh on markets: Moody's

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
... tensions between the two nations, the eulogist at General Suleimani's funeral has called for an $80 million bounty on US President Donald Trump. "Iran has 80 million inhabitants. Based on the Iranian population, we want to raise $80 million, which is ...