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Showing 131 - 140 of 1161 results for "GFC"

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... they braved it out, find that their places of employment are shuttered anyway. Coronaphobia is proving claims made during the GFC that governments and central banks should have let the global economy reboot - i.e., go into the recession it had to have ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
... fallen to a lower level. "So you would say property looks more expensive today in the United States then it did before the GFC." By converting the rental yield of commercial property in the US against 10-year bonds, Douglass argued risk premiums in property ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... the termination of 32,700 part-time staff. The Australian dollar dropped to as low as US$0.6610 - its lowest level since the GFC - as markets raised their bets that the Reserve Bank of Australia (RBA) would "need" to cut interest rates again soon... ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the GFC. During the SARS outbreak, the A$ fell by 3.8% after the World Health Organisation (WHO) issued a global alert in March 2003 ...

Asia is way forward for global economy: DWS

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... growth coming out of the region. "We had huge growth before the Asian crisis, particularly in the ASEAN region. Then we had the GFC, then we had huge stimulus out of China for four to five years, which obviously Australia did very well out of," Taylor ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
... history shows that by the end of 2003, the S&P 500 index has surged by 38.3% from this low point. Perhaps, 'twas because the GFC has already done its damage to equity markets back in 2008/09, still the outbreak of the swine flu in April 2009 prompted ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
... in context, the last time the P/E ratio was this high and the dividend yield this low was during the boom years (before the GFC), specifically 2006-2007. Australian annual GDP growth over those two years averaged 3.6% (compared with the latest reading ...

Where to invest when a GFC looms

KANIKA SOOD  |  MONDAY, 16 DEC 2019
More than half of the world's biggest money managers think another GFC will strike soon yet they don't plan to fiddle much with their asset allocations in 2020, according to a new survey of 500 institutional investors. Natixis Investment Managers surveyed ...

Ord Minnett chief resigns

ALLY SELBY  |  MONDAY, 16 DEC 2019
... a strong position, one that is envied by peers", and recognised the chief for growing its wealth management business post GFC. Gunning "has overseen the transition of Ords from a traditional broking business to a wealth management business that now manages ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... of contagion in 2013 to a peak of 3.0% annual growth in the December quarter of 2017 (the fastest growth rate prior to the GFC) - so much so that investment advice after investment advice were advising to overweight Eurozone equities. The forward view ...