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Showing 1 - 10 of 29 results for "US President Trump"

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... adapt. You overcome. You improvise." - Heartbreak Ridge The coronavirus pandemic has been likened to a war. US president Trump called it "the invisible enemy", French head of state Macron declared that France was "at war", India's prime minister ...

Chief economist update: US-China tensions escalate

BENJAMIN ONG  |  THURSDAY, 23 JUL 2020
... Hong Kong and now, cyberespionage. It could be because the world has a much bigger small coronavirus to fry. US President Trump and China's leader Xi could smooch and make up tomorrow but governments and central banks and financial markets around ...

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... The Fed's reportedly deliberating unlimited buying of US Treasuries to keep yields at a targeted rate. US President Trump is determined to get a fifth coronavirus relief package, including a payroll tax cut, approved and going.

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... intent to improve national security in Hong Kong (if it sounds familiar, it is, for this is the same "excuse" US President Trump used when he raised tariffs on steel and aluminium in March 2018). To wit: "We will establish sound legal systems and enforcement ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... not only "whatever it takes" but "however long it takes". If you want to know how long, it's as long as US President Trump admits that it's him (and his war on trade) not his neighbours that's generating this downdraft and counter-cyclical ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
... Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he started his war on trade. In a closed-door remark at Trump's ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
As if the world hasn't had enough of the overhanging pall engendered by lingering trade tensions, US President Trump is about to raise the stakes and expand the scope to currency manipulators. This I learned from The New York Times (NYT) on May ...
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