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Showing 71 - 80 of 235 results for "Yes Virginia"

Data doesn't justify "recession" headlines

BENJAMIN ONG  |  FRIDAY, 2 OCT 2015
... almost hear my next door neighbour saying "I told you so" with the attendant knowing smirk and a wagging finger. Yes Virginia, a recession is again looming for Australia brought to us by the Sydney Morning Herald's ( SMH ) report the other day about ...

Bad news day

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2015
... month, there could be another reason why it didn't... and it's much closer to home....and it's name is shutdown. Yes Virginia, the prospect of another shutdown of the US government looms - the country's lawmakers have only until 30 September (a full ...

Speculation springs eternal

BENJAMIN ONG  |  FRIDAY, 18 SEP 2015
... in October as of about 3pm. in New York, a 49.5% chance by the December meeting and a 56.5% likelihood by January" Yes Virginia, the words I typed on this space just a week ago daring Janet to lift - "Inaction next week would only send speculators speculating ...

So bad it could only be good

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2015
It's back! And it's good! Yes Virginia, the "bad news is good news" trade is back on. It's risk back on as China's bad -- very, very bad, trade data sparked hopes of further stimulus and Fed lift-off delay. As 'The Guardian' reports, the latest trade ...

Super Mario returns fire

BENJAMIN ONG  |  FRIDAY, 4 SEP 2015
Shots fired! Shots fired! Yes Virginia, Super Mario returned overnight and shot down the euro, putting smiles on the faces of holders of Eurozone stocks - Stoxx 600 up 2.4% -- and bonds - 10-year yields fell across the region. The euro dropped to as ...

Lead us not into a recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2015
... don't want to invest and consumers don't want to consume - the government must spend, spend and spend some more. Yes Virginia, Australia is worried about the deficit rising to levels many of our peers are struggling to get down to. So as we compare apples ...

Gloom and doom news is good news

BENJAMIN ONG  |  MONDAY, 24 AUG 2015
... Seng - or highly volatile - Shanghai Composite - or down big time last week - Nikkei-225, Kospi, S&P/TSX composite. Yes Virginia, the bears came out of hibernation in full force. There was no place to hide, everywhere you look, there's gloom and... there's ...

Empire State bombs out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2015
... then you can forget a lift-off in September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl, was it a surprisingly big thud. The index plunged to ...

All right

BENJAMIN ONG  |  MONDAY, 10 AUG 2015
... far above the 8.8% average in 2004-2007 and is just on par with the highest rate recorded after the 2001 recession. Yes Virginia, the 10.4% was the US labour market's source of anguish in the early 2000's, now it is cause for celebration. The rate for ...

Reading too much out of nothing at all

BENJAMIN ONG  |  THURSDAY, 30 JUL 2015
It's out!...and it didn't surprise. Yes Virginia, there were no surprises in the Fed's decision to keep monetary policy unchanged after it concluded its 28-29 tete-a-tete. But what was surprising was Wall Street's reaction - the Dow and the S&P 500 ...