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Showing 1 - 10 of 31 results for "POTU"

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
Talk about perfect timing. The US Bureau of Labor Statistics' (BLS) disappointing update on the state of employment in America couldn't have come at a more opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
Joggin' Joe hits the ground running. Not soon after he was sworn in as the 46th President of the United States of America, Joe Biden rolled up his sleeves and went to work. Hours after his inauguration, Biden signed 17 executive orders, memorandums ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
News that a COVID-19 vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports ...

Chief economist update: Biden cooks Donald's duck

BENJAMIN ONG  |  MONDAY, 9 NOV 2020
"A whole new world A new fantastic point of view..." -Zayn Malik, Zhavia Ward Former vice-president Joe Biden is now POTUS-elect, breaking the record for the most votes (70 million plus votes and counting) received by a presidential candidate in US ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
A new POTUS or four more years with the old one? America remains on knife-edge as the November 3 US presidential elections show that President Donald Trump and contender Joe Biden still have to secure the 270 electoral votes to claim the Oval Office. ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
"Oh the weather outside is frightful..." While a "phase one" deal between the US and China appears to be close (again), it's still prudent not to write-off the possibility of a re-escalation in the tariff wars given Trump's recent targeting ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
Oil prices soared after a drone attack on September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
The Bloomberg US Dollar Spot index was trading at 96.7680 on the day Trump tweeted the below: "China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being ...
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