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Showing 111 - 120 of 3675 results for "Wall STreet"

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
The ups and downs in US equities over the past weeks reminds me of the book, "A Random Walk on Wall Street", authored by Princeton University economics professor Burton Malkiel back in 1973, which posited that: "...short run changes in stock prices ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... around 2% in the year to September. More pertinent, inflation expectations have come down... big time. Recall the spook Wall Street got when the US yield curve - the yield differential between the US 10-year and two-year bonds - flattened to 0.4% (the ...

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
I commented about the tug-o-war between the bulls and the bears on Wall Street yesterday, and Monday's action on 'The Street' shows they're still tugging and pulling. It's so easy to commentate on the day-to-day action on Wall Street ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
The tug-o-war between the bulls and the bears continues on Wall Street as 2018 draws to a close. Whether this state of affairs - or better yet, resolved one way of another (up or down) - depends primarily on the end game of the on-going trade stoush ...

Chief economist update: Buy the dip or sell the rallies?

BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
... remains divisive. Oil unable to sustain earlier bounce. Yes Virginia, this is the general theme explaining for why Wall Street dropped (big time) - Dow down 2.3%; S&P 500 down 2%; Nasdaq down 2.8%; Russell 2000 2% - as it did in the first trading day ...

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
The bull market in crude oil is no more. Just a month ago and a bit, rumour on the street was that crude oil prices would soar to around US$100 a barrel and beyond. No one could be faulted for believing this. Not after Saudi Arabia and Russia's ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
... "subject to incoming data confirming the medium-term inflation outlook." Despite the current heightened volatility on Wall Street that's adding to investor anxiety around the world, ECB President Mario Draghi remains unfazed. "Incoming information ...

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 ...