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Showing 111 - 120 of 122 results for "CBO"

Ben's your uncle

BENJAMIN ONG  |  THURSDAY, 21 MAR 2013
... cuts...due to begin tomorrow". (Bloomberg, 28 February). And if you thought the IMF's cut unkind, the Congressional Budget Office (CBO) was meaner. At the end of Feb, Bloomberg wrote this, "Federal spending reductions due to start in March could lower ...

No Grexit, no Cyprexit

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2013
Go ahead punk, make my day! This is basically what the Parliament of itsy-bitsy-teenie-weenie Cyprus told its Goliath paymasters when it rejected their demand to impose a tax on bank deposits as a pre-condition to their salvation. Not one of the 56 ...

The virtuous cycle is back in play

BENJAMIN ONG  |  MONDAY, 4 MAR 2013
... will shave half a percent to its forecast 2.0% growth for the US this year. The one that the Congressional Budget Office (CBO) estimates would reduce employment by three quarters of a million jobs. It was so frightening that Wall Street closed higher ...

Fed sorted easy, now for the ceiling

BENJAMIN ONG  |  MONDAY, 25 FEB 2013
... said. "The unemployment rate might tick up again." -CNBC "...if it stays in effect for the rest of the calendar year." The CBO estimates that it could reduce economic growth by at least 0.6 percentage points and reduce job growth by 750,000 jobs. Coupled ...

They will or they won't

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2012
... end of 2011 and 1.70% last night. And as Steve Goldstein - Washington Bureau chief of the Wall Street Journal - wrote: "The CBO... says the budget deficit would shrink by nearly $500 billion in just the first year if the fiscal cliff is triggered. From ...

Trading volatility can protect portfolio from big swings

ALISON BEVEGE  |  FRIDAY, 12 AUG 2011
Volatility products can be successfully used to protect a portfolio against the turmoil striking international share markets, a top executive from the Chicago Board Options Exchange said yesterday. Volatility as measured by the CBOE volatility index ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 MAR 2011
The Australian market is set for heavy falls when it opens on Thursday with world markets again diving due to fears of a nuclear crisis in Japan. On the ASX 24 at 0733 AEDT, the March share price index futures contract was down 76 points at 4,491, indicating ...

Downgrade me

BENJAMIN ONG  |  FRIDAY, 28 JAN 2011
... margin." And where would talks of fiscal deficits and government debts be without the United States huge fiscal deficit - CBO estimates a fiscal deficit of US$1,500,000,000,000 this year - and Japan's mammoth national debt - estimated at around US$11,000,000,000,000? ...

S&P and ASX launch Aussie "fear index"

JOHN MCDULING  |  WEDNESDAY, 22 SEP 2010
Standard & Poor's and the Australian Securities Exchange (ASX) have launched an Australian version of the "VIX" volatility index, colloquially referred to as the gauge of fear on Wall Street. The S&P/ASX 200 VIX index will measure the expected volatility ...

Waiting to exhale

BENJAMIN ONG  |  TUESDAY, 10 AUG 2010
... last night. Not reinvesting these would be tantamount to reducing liquidity in the system. The Congressional Budget Office (CBO) estimates that the Fed's MBS investments would earn a record US$70 billion in profits this year. This follows a US$46 billion ...