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Showing 121 - 130 of 3675 results for "Wall Street"

Chief economist update: When QE turns to QT

BENJAMIN ONG  |  TUESDAY, 16 OCT 2018
There's no shortage of rationales explaining the on-going heightened volatility on Wall Street. Throw a dart into a dartboard of reasons and you'll likely to hit a rational one - rising US bond yields, expectations of a more aggressive Fed ...

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
Trump blamed the Fed for last week's heightened volatility on Wall Street and I agreed that he was correct when he ranted that, "The Fed is going loco and there's no reason for them to do it." This is because - as I wrote last Friday - America's ...

Chief economist update: It wasn't me, it's the Fed

BENJAMIN ONG  |  FRIDAY, 12 OCT 2018
... it. I'm not happy about it." This was US president Donald Trump's take on the previous day's slump on Wall Street that shook equity markets around the world. Trump continued his attack on the Fed as the slide on Wall Street continued overnight. ...

Chief economist update: Wall Street has fallen, prepare to be greedy

BENJAMIN ONG  |  THURSDAY, 11 OCT 2018
Wall Street has fallen! Repeat, Wall Street has fallen! The financial headlines made sure that you, I and Irene are spooked even before Halloween - with accompanying rationales at that. Wall Street plunges as investors seek safety - Sky News Sudden ...

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
... workers in the auto sector. Trump beat his doubters, and his team can now turn to the No. 1 trade target: China." Wall Street also wins. The the DJIA closed 0.7% higher, the S&P 500 index gained 0.4% following the news, not least because it removed one ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... their purchases of "made in USA" products even if they wanted to. Last week's drop in equity markets (including Wall Street) show that Trump's "beggar thy neighbour" policy could be starting to also beggar America. Ben Ong is the Director of ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
The S&P 500 index closed at 2896.74 points at the end of last night's trading activity on Wall Street. Yes, Virginia, it's a new record high! Yippee-kay-yay and hallelujah! This is good for stock markets around the world, including Australia. ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
Given the US equity market's reaction to the latest US Federal Reserve missive, one would think that Wall Street is against strong(er) growth. All major benchmark indices - DJIA, S&P 500, Nasdaq and Russell 2000 - closed lower after the Fed announced ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... measure hardly budged at 2.1% in April - the same as March but lower than market expectations for an increase to 2.2%. Wall Street loved it. The S&P 500 index climbed by 0.9% and the yield on 10-year US Treasuries fell by four basis points to 2.97%. ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... the end (of the talks) about the end (of the [cold] Korean War), equity markets remain hostage to the goings-on on Wall Street. One day short of completing the first four months of 2018, the S&P 500 index is down 0.1% to 2669.91 points, the fed funds ...