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Showing 91 - 100 of 458 results for %22Yes Virginia%22

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 ...

Reversal of fortunes

BENJAMIN ONG  |  MONDAY, 12 OCT 2015
... week - the first 7 trading days of October - after the quarter - the worst three-months since September 2011 - before. Oh yes, yes, yo Virginia, we're happy little vegemites once more with most equity markets recouping in seven days more than half of ...

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... ...

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 ...

Central banks of the world, coordinate

BENJAMIN ONG  |  THURSDAY, 1 OCT 2015

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 ...