Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 159 results for "US recession"

Business cycle dating

BENJAMIN ONG  |  TUESDAY, 13 APR 2010
Is it over or isn't it? Has the fat lady already sung the swan song of the US recession? Financial markets are all a-buzz with this question after the New York Times carried a story about the 8 April meeting by the National Bureau of Economic Research ...

Mickey money

BENJAMIN ONG  |  MONDAY, 16 NOV 2009
... to 'this time it's different.' It wasn't. The inverted yield curve ultimately prevailed and manifested itself - a US recession. This time, the YC is signalling an expansion in economic activity. A 'V' one at that! There's still money to be made...for ...

Job woes

BENJAMIN ONG  |  MONDAY, 9 NOV 2009
... intents, this could be the rallying cry for the 8.2 million Americans that are now unemployed since the start of the US recession in December 2007. I speak, of course, of 40-year old Jason Rodriguez, a former employee of architectural engineering firm ...

Back on the road again

BENJAMIN ONG  |  FRIDAY, 30 OCT 2009
Three cheers for the US economy! Hip, hip...hooray! Hip, hip...hooray! Hip, hip... Last night it became official - the US economy was reborn, growing by a better-than-expected 3.5 per cent annualised in the third quarter. Note that I didn't say out ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 SEP 2009
... economic activity on Monday further validated Federal Reserve Chairman Ben Bernanke's pronouncement last week that the US recession was "likely over" from a technical standpoint. The Conference Board's index of leading economic indicators increased 0.6 ...

Aussie dollar rises to restore equilibrium

BENJAMIN ONG  |  TUESDAY, 8 SEP 2009
... more than US$0.80 to below US$0.60 during the Asian Crisis. It fell from US$0.65 to below US$0.50 during the 2001 US recession and September 11. And then again during the GFC. By the same token, currencies rise to temper growth in an economy beyond that ...

Mmm...bargains

BENJAMIN ONG  |  THURSDAY, 3 SEP 2009
... was not even convinced that inflation pressures were moderating. Four months later, December 2007 and voila! - the US recession commences. Ahhh...but this time, it's different! The Fed is correct. Unemployment is still rising, credit standards are tighter ...

Danger signs ahead but bargain stocks a-plenty: Faber

MICHELLE BALTAZAR  |  THURSDAY, 6 AUG 2009
Leading contrarian investor Dr. Marc Faber wears his "ultra bearish" cap in his Australian visit, predicting another financial crisis could happen in the next five to 10 years - but even that doesn't mean there aren't any investment opportunities, particularly ...

V still likely

BENJAMIN ONG  |  TUESDAY, 4 AUG 2009
Chk, chk, bang! Yes, ladies and gentlemen. Equity markets greeted August the same way it left July - with a bang! One by one the bears are beginning to wave the white flag as the thundering herd forces them back into hibernation. The "Maestro," former ...

Fed brawn, RBA brains

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2009
... the crises of recent history -- the Asian Financial Crisis, LTCM collapse, Russian default, the dotcom bubble, the US recession of 2002. The RBA shielded Australia all through these episodes of market turbulence. And it looks like it has again - with ...