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Showing 101 - 110 of 1014 results for "US economy"

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... determined to reduce/remove policy accommodation. Trump's tax cuts and infrastructure spend has given extra oomph to the US economy. Ones, that the Fed is trying to hose down by virtue of its mandate for stable inflation - that's being "oomph" ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
... phrase, the synchronised economic upswing that prevailed until the first quarter of this year is no more - while the US economy continues to go gangbusters, China is slowing, the Eurozone is losing momentum and an increasing number of emerging economies ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
... mid-1970s and is edging closer to the record low of 0.988K recorded in May 1969. Whether by luck or design, the booming US economy would have been US president Donald Trump's major legacy to the world - with America super charging growth all around ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... back-to-back quarters of exceptionally strong contributions to overall growth from American household consumption. The US economy expanded at an annualised rate of 3.5% in the third quarter following the 4.2% surge in the preceding quarter. Personal ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
... I'm just saying this, I'm very unhappy with the Fed because Obama had zero interest rates." Well, duh! The US economy was relatively weaker during Obama's term compared to the one growing above potential (although this is debatable given ...

Billionaire investor says markets in late cycle but anything possible

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
... in Sydney yesterday as he promoted his new book. He said while optimistic investors have pushed up asset prices, the US economy has risen steadily - making it hard to predict what could be next for the markets. "Where are we now? I think the current ...

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
... at 2.2% in September from August and also less than expectations for a pick-up to 2.3%. Despite the strength of the US economy - underscored by an unemployment rate (3.7%) that's down to a 49-year low - inflation hasn't significantly accelerated ...

Chief economist update: It wasn't me, it's the Fed

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
... at 2.2% in September from August and also less than expectations for a pick-up to 2.3%. Despite the strength of the US economy - underscored by an unemployment rate (3.7%) that's down to a 49-year low - inflation hasn't significantly accelerated ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
Another month, another strong US labour market report. The time before US President Donald Trump would have had consumers, businesses and investors everywhere dancing in the streets and singing hallelujah. This is due to the rationale that the US economy's ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
From "fake news", US President Donald Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance ...