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Showing 61 - 70 of 235 results for "Yes Virginia"

A negative sum game

BENJAMIN ONG  |  MONDAY, 22 FEB 2016
... growth and inflation. Perhaps then they could stop blaming the "global economy" and end their race to the bottom. Yes Virginia, this is the prevailing theme in most central banks' statements in late - their economies are doing fine, but the "global economy" ...

More negatives

BENJAMIN ONG  |  TUESDAY, 16 FEB 2016
... real GDP contracted by a larger-than-expected annualised rate of 1.4% in the December quarter gave it rocket power. Yes Virginia, we all know why... that all too familiar, it's gotten so bad that more money is coming. "Quantitative easing; zero interest ...

Road of no return

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2015
... interpreted as signaling lack of confidence in the strength of the U.S. economy or erode the Committee's credibility". Yes Virginia, lifting off in December would signal the Fed's confidence on the sustainability of growth in the US economy and could ...

Pepared for "lift-off" watch out for "ceasing"

BENJAMIN ONG  |  FRIDAY, 20 NOV 2015
... Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions." Yes Virginia, the Fed has ended QE and it is about to lift the fed funds rate but it's balance sheet, while expanding no more ...

No December lift off? Small chance

BENJAMIN ONG  |  THURSDAY, 19 NOV 2015
... inflation expectations, and readings on financial and international developments." December, December, December. Yes Virginia, I typed you can't miss "December," I didn't say they would lift in December. Read those lines again - it's littered with caveats. ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
... to 1.2% in the third quarter from 2.2% in the second. The core measure was at 1.3% -- below the Fed's 2.0% target. Yes Virginia, the Fed couldn't... in December. While we continue to speculate on when the Fed will make its "earth-shattering" move, China's ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
... before. You know, the time when Wall Street "rejoiced" at the more likely than not prospect of a lift-off... and soon. Yes Virginia, there were no surprises in the Fed's decision to keep monetary policy unchanged after it concluded its 27-28 October ...

China should have hardlanded

BENJAMIN ONG  |  TUESDAY, 20 OCT 2015
... Australia that "We're explicitly forecasting that there will have been an income recession in the past two quarters". Yes Virginia, Australia has to have a recession. We can't get it on the national output measure... so we got a recession in the income ...

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
... "There will always be one piece of data that says hold off, but in the end they are still going to have to do it." Yes Virginia, for sure and for certain the Fed will have to lift some time, what is uncertain is when. Or could they? When mere mention ...

NIRP before lift-off?

BENJAMIN ONG  |  FRIDAY, 9 OCT 2015
... another 59,000 jobs (confirmed by the Labor Market Conditions Index drop to zero from a reading of 1.2 in August). Yes Virginia, bad news is again good news. No one now expects the Fed to raise interest rates when they meet this month, perhaps even December... ...