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Showing 101 - 110 of 3658 results for "Wall Street"

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
Persistent sell orders have put Wall Street's major benchmark indices either in a correction (defined as a 10% drop from the nearest peak) or on the cusp of one: Nasdaq (-11.5%) and Russell 2000 (-15.6%); S&P 500 (-9.4%) and DJIA (-8.4%). The sell-off ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
Financial markets remain in a state of flux as investors' chills appear to be multiplying on growing concerns over: Wall Street's heightened volatility, Fed rate rises and the risk of a policy mistake, Trump's protectionist policy, China's ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... criticisms wouldn't hurt me! US President Donald Trump has blamed the Fed for sparking the recent sell-off on Wall Street as well as threatening to undo the "good" for the economy that his administration had been doing, "because the Fed is raising ...

Chief economist update: When QE turns to QT

BENJAMIN ONG  |  TUESDAY, 16 OCT 2018
There's no shortage of rationales explaining the on-going heightened volatility on Wall Street. Throw a dart into a dartboard of reasons and you'll likely to hit a rational one - rising US bond yields, expectations of a more aggressive Fed ...

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
Trump blamed the Fed for last week's heightened volatility on Wall Street and I agreed that he was correct when he ranted that, "The Fed is going loco and there's no reason for them to do it." This is because - as I wrote last Friday - America's ...

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

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
... it. I'm not happy about it." This was US president Donald Trump's take on the previous day's slump on Wall Street that shook equity markets around the world. Trump continued his attack on the Fed as the slide on Wall Street continued overnight. ...

Chief economist update: Wall Street has fallen, prepare to be greedy

BENJAMIN ONG  |  THURSDAY, 11 OCT 2018
Wall Street has fallen! Repeat, Wall Street has fallen! The financial headlines made sure that you, I and Irene are spooked even before Halloween - with accompanying rationales at that. Wall Street plunges as investors seek safety - Sky News Sudden ...

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
... workers in the auto sector. Trump beat his doubters, and his team can now turn to the No. 1 trade target: China." Wall Street also wins. The the DJIA closed 0.7% higher, the S&P 500 index gained 0.4% following the news, not least because it removed one ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... their purchases of "made in USA" products even if they wanted to. Last week's drop in equity markets (including Wall Street) show that Trump's "beggar thy neighbour" policy could be starting to also beggar America. Ben Ong is the Director of ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
The S&P 500 index closed at 2896.74 points at the end of last night's trading activity on Wall Street. Yes, Virginia, it's a new record high! Yippee-kay-yay and hallelujah! This is good for stock markets around the world, including Australia. ...