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Showing 101 - 110 of 458 results for %22Yes Virginia%22

Not happy Jan

BENJAMIN ONG  |  MONDAY, 21 SEP 2015
... at Penn Capital, Eric Green, saying that, "There's some concern that the Fed sees something we're not seeing in the data." Yes Eric, Janet sees dead people. Read the statement again, "Recent global economic and financial developments may restrain economic ...

Speculation springs eternal

BENJAMIN ONG  |  FRIDAY, 18 SEP 2015
... in October as of about 3pm. in New York, a 49.5% chance by the December meeting and a 56.5% likelihood by January" Yes Virginia, the words I typed on this space just a week ago daring Janet to lift - "Inaction next week would only send speculators speculating ...

So bad it could only be good

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2015
It's back! And it's good! Yes Virginia, the "bad news is good news" trade is back on. It's risk back on as China's bad -- very, very bad, trade data sparked hopes of further stimulus and Fed lift-off delay. As 'The Guardian' reports, the latest trade ...

Super Mario returns fire

BENJAMIN ONG  |  FRIDAY, 4 SEP 2015
Shots fired! Shots fired! Yes Virginia, Super Mario returned overnight and shot down the euro, putting smiles on the faces of holders of Eurozone stocks - Stoxx 600 up 2.4% -- and bonds - 10-year yields fell across the region. The euro dropped to as ...

Lead us not into a recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2015
... don't want to invest and consumers don't want to consume - the government must spend, spend and spend some more. Yes Virginia, Australia is worried about the deficit rising to levels many of our peers are struggling to get down to. So as we compare apples ...

August angst to September mourn

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2015
... and fear is once more on the rise - the VIX index spiked 10.5% overnight to a reading of 31.40. It's China that did it! Oh yes, Virginia, yesterday's official PMI result reminded all and sundry that all is not well in the world's second biggest economy. ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... than Estimate 3 for 2014-15. The final verdict is not so good as shown in the picture below (thank you 'Business Insider"): Yes, Estimate 3 is higher than Estimate 2 but do you see how far lower Estimate 3 is compared with history? Do you also see that ...

A$ falls to the occasion

BENJAMIN ONG  |  TUESDAY, 25 AUG 2015
... all let us rejoice... for that recession we've long been longing to have might be just around the next bend. By now, Virginia, you would have read all about "Bloody Monday" - when "ASX loses $60 billion in worst day since the GFC" (9news.com.au) or "More ...

Gloom and doom news is good news

BENJAMIN ONG  |  MONDAY, 24 AUG 2015
... Seng - or highly volatile - Shanghai Composite - or down big time last week - Nikkei-225, Kospi, S&P/TSX composite. Yes Virginia, the bears came out of hibernation in full force. There was no place to hide, everywhere you look, there's gloom and... there's ...

Empire State bombs out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2015
... then you can forget a lift-off in September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl, was it a surprisingly big thud. The index plunged to ...