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Showing 71 - 80 of 492 results for "Trump"

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... coronavirus. Even better, expectations for further unwinding of the tariffs and trade protectionist policies started by Trump in 2018 - and retaliations to them -- would underpin increased global trade, a rising tide that will lift all boats. As for ...

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

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... 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 the world -- instead ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... activity." There weren't any mention of the euro exchange rate though - she was astute enough not to as it might give Trump extra ammunition on renewed trade war offensive toward the Eurozone. The fact remains that the euro's depreciation versus ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... hitting the sell panic button, investors should take this opportunity to add to their stock portfolios." This, or Donald Trump will increase the tariff on the virus entering America. But I digress. The ABS 'Labour Force, Australia' report shows ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
The S&P/ASX 200 Index has broken the 7000 mark following news of Trump and China finally signing a trade deal, but analysts remain wary of the new record high. The Index gained 47 points on Thursday to finish at 7041.8, setting a new record high for ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
... additional US services, US$75 billion more in manufacturing goods, and US$50 billion more worth of energy supplies, according to Trump. This is in exchange for America suspending its plan to increase tariffs on US$160 billion worth of Chinese goods (that ...

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... respectively. JPMorgan Chase chair and chief executive Jamie Dimon said the resolution of geopolitical trade issues (read: Trump and China's trade war) helped boost results. "JPMorgan Chase produced strong results in the fourth quarter of 2019, capping ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... hostilities, including a revenge-style attack by Iran on US military bases in Iraq. Thankfully, markets rebounded overnight after Trump stated that Iran was "standing down", indicating there would be no armed retaliation from the US. Demand for oil ...