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Showing 101 - 110 of 3675 results for "Wall Street"

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... BOJ's efforts towards boosting growth and inflation in the economy. And the Euro Stoxx-50 index lost 1.1%. As for Wall Street, the S&P 500 index dropped by as much as 1.6% overnight before closing 0.5% lower; the Dow fell by as much as 1.8% before ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
If there's anything that captures the greed on Wall Street, it's the US equity market's reaction to the Fed's decision following its 15-16 March 2019 FOMC meeting. The Fed gave the markets what they expected - it kept the Fed funds rate ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
US economic growth has slowed in the final quarter of 2018. US economic growth continues to accelerate in the last quarter of 2018. Both are correct statements. It only depends what measurement of US GDP growth rate is used. The US Bureau of Economic ...

Fearless Girl comes to Melbourne

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
Cbus and HESTA, together with Maurice Blackburn, will bring the Fearless Girl statue to Australia in bid to stand for equality and diversity. The 50-inch bronze statue of a little girl standing defiantly in front of Wall Street's famous Charging ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... accommodative monetary policy than can be achieved solely by reducing the federal funds rate." Just when I thought that old Wall Street rule of thumb, "three steps and a stumble" - stock prices drop after three consecutive Fed rate hikes - was no more ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
It appeared that not only us, Australians all, were celebrating Australia Day on January 26. Our American brethren were too... but for a different reason. The Dow rose by 0.7% on the day (January 25 in New York); the S&P 500 increased 0.8% and the Nasdaq ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
We might just be heading to witness once again the truth about the old adage on Wall Street that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% ...

And so this is Christmas, another year (almost) over

BENJAMIN ONG  |  MONDAY, 10 DEC 2018
... vacuum. Things get in the way. Proof? About this time last year, Factset's stories were: Upbeat outlook for 2018: - Wall Street strategists upbeat on the outlook for 2018. Barron's cover story ("Outlook 2018: The Bull Market's Next Act") ...

Chief economist update: Tariff man takes Wall Street down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2018
... curve in more than a decade awoke the specter of a recession," he said. Sure, they all add up. But if (and whenever) Wall Street does a rebound, opposing rationales will be in the fore once more, explaining the whys and wherefores for the bounce. However ...

Chief economist update: The art of the deal in action

BENJAMIN ONG  |  WEDNESDAY, 28 NOV 2018
... have been actual implementations, threats, some concessions and now it's good cop bad cop. Bad cop Trump told the Wall Street Journal (WSJ) that it's "highly unlikely" he would agree to China's plea for him to refrain from lifting the current ...