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Showing 61 - 70 of 3658 results for "Wall Street"

Jamie Dimon recovering after emergency heart surgery

ALLY SELBY  |  MONDAY, 9 MAR 2020
... continue to serve our customers, clients, communities and shareholders." This isn't Dimon's first health scare; the Wall Street leader was diagnosed with throat cancer in 2014 and continued to lead the bank while undergoing chemotherapy. Dimon has led ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
The day you, I and Irene lost sleep over contemplating the potency of future central bank policy actions, given their sharply reduced firepower, when the next threat to the global economy comes. The coronavirus outbreak has brought that day upon us. ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... around the planet but the coronavirus hadn't had much impact on equity markets until it hit investor sentiment on Wall Street. Five straight down days have taken returns on the S&P 500 index to negative 3.5% year-to-date and the Dow to minus 5.5%. ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
"Gone Fishing!" Given "current" market expectations, this would be an appropriate sign on the Fed's door. As expected, the US central bank kept monetary policy settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
"I've got chills, They're multiplying..." Wall Street is down... with the coronavirus flu! The Dow declined by 0.5%, the S&P 500 by 0.3%, the Nasdaq by 0.02%, and the Russell 2000 by 0.8 after the US Center for Disease Control and Prevention ...

Goldman Sachs realigns reporting structure

ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
... overnight announced new reporting structures for its financial results, in a move that will align the bank closer with its Wall Street peers. The changes come just a week short of the bank's fourth-quarter earnings, as well as the bank's first investor ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
"And so happy Christmas (War is over) For black and for white (If you want it) For yellow and red ones (War is over)..." - John Lennon Well, the trade war's not completely over, but the financial markets' rally on news that a phase one deal ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... genius on his latest call on the Fed to "Lower Rates & Loosen". The escalation of trade tensions is already sending Wall Street on a tailspin, and just like December last year's rout on Wall Street prompted the Fed to pivot - from a pause to an easing ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... continues to drive the markets' daily ups and downs. But behind these day-to-day swings is the rise and rise on Wall Street - to new record highs. To be sure, the third quarter reporting season was nothing to write home to mother about. According ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
It's beginning to look a lot like Christmas has come early... and Thanksgiving too. Wall Street benchmark equity indices rallied at the close of trading last week: The S&P 500 added 1.0% to a new all-time high; the Nasdaq closed 1.1% up but not ...