Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 171 results for "US recession"

More bombshells before the recovery

MICHELLE BALTAZAR  |  TUESDAY, 3 FEB 2009
The prices of local shares, property and commodities will fall further in the coming months before the government's stimulus package kicks in and takes the market out of the doldrums, said the panelists of an industry briefing held this morning. Speaking ...

Worst of the worst

BENJAMIN ONG  |  FRIDAY, 30 JAN 2009
No prize for guessing but which G-7 country is suffering a worse hangover than the US? Clue: Its name also starts with the word United. In its latest World Economic Outlook report, the International Monetary Fund (IMF) predicted that global growth would ...

All I want for Christmas is a job

BENJAMIN ONG  |  MONDAY, 8 DEC 2008
Two million jobs and counting. This is the number of Americans that will bring increased profits to Campbell Soup come Christmas time. And because these ordinary taxpayers' have to give part of their now non-existent income and drastically reduced wealth ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... fright by focusing on the US Bureau of Economic Research's (NBER) announcement officially marking the start of the US recession. In his speech, Bernanke acknowledged that the scope for employing 'conventional interest rate policies to support the economy ...

The best forecaster

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2008
... We know now that the yield curve inversion - long rates lower than short rates - was a portent of the present-day US recession (although this has yet to be dated). Data available to the Financial Standard Intelligence Unit (FSIU) revealed that an inversion ...

Investing in credit the next big opportunity

ALEX DUNNIN  |  TUESDAY, 11 NOV 2008
... firms, explained Perry. Perry said this is why these loans have default rates as low as 3 per cent. But even if the US recession impacts these companies, he expects default rates to only double or triple to between 7 and 10 per cent. Even then, investors ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 NOV 2008
... lower on Thursday after an overnight slump on Wall Street as investors worried about the global financial crisis and US recession. The local decline was led by the big miners, and wiped about $50 billion from the value of stocks The benchmark S&P/ASX200 ...

Market Wrap - Midday

AAP  |  THURSDAY, 6 NOV 2008
... base metal prices in London and a more than five per cent drop on Wall Street overnight on heightened concerns of a US recession. At 1210 AEDT, the benchmark S&P/ASX200 index was down 143.7 points, or 3.31 per cent, at 4,192.9 while the broader All Ordinaries ...

This too shall pass

BENJAMIN ONG  |  FRIDAY, 24 OCT 2008
'The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.' (Jesse Livermore). While most of us were sleeping (those lucky enough to have their A$1 turn to A$0.80 instead of A$0.20), Wall Street was ...

What property bust?

RUTH LIEW  |  MONDAY, 11 AUG 2008
... a number of factors. The credit markets will need to re-establish themselves and it also depends on how long the US recession will entail," he said. Hiscock also singled out the correlation between listed and direct property markets, but claims that ...