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Showing 131 - 140 of 586 results for "Virginia"

NIRP before lift-off?

BENJAMIN ONG  |  FRIDAY, 9 OCT 2015
... another 59,000 jobs (confirmed by the Labor Market Conditions Index drop to zero from a reading of 1.2 in August). Yes Virginia, bad news is again good news. No one now expects the Fed to raise interest rates when they meet this month, perhaps even December... ...

Data doesn't justify "recession" headlines

BENJAMIN ONG  |  FRIDAY, 2 OCT 2015
... almost hear my next door neighbour saying "I told you so" with the attendant knowing smirk and a wagging finger. Yes Virginia, a recession is again looming for Australia brought to us by the Sydney Morning Herald's ( SMH ) report the other day about ...

Central banks of the world, coordinate

BENJAMIN ONG  |  THURSDAY, 1 OCT 2015

Bad news day

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2015
... month, there could be another reason why it didn't... and it's much closer to home....and it's name is shutdown. Yes Virginia, the prospect of another shutdown of the US government looms - the country's lawmakers have only until 30 September (a full ...

Not happy Jan

BENJAMIN ONG  |  MONDAY, 21 SEP 2015
... S&P 500 index declined by 1.6%; the Dow by 1.7%; Nasdaq by 1.4%; the Russell 2000 by 1.5%. This is hardly surprising Virginia, the Fed was damned that it's going to do lift interest rates and now... damned that it didn't. The Australian Financial Review ...

Speculation springs eternal

BENJAMIN ONG  |  FRIDAY, 18 SEP 2015
... in October as of about 3pm. in New York, a 49.5% chance by the December meeting and a 56.5% likelihood by January" Yes Virginia, the words I typed on this space just a week ago daring Janet to lift - "Inaction next week would only send speculators speculating ...

So bad it could only be good

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2015
It's back! And it's good! Yes Virginia, the "bad news is good news" trade is back on. It's risk back on as China's bad -- very, very bad, trade data sparked hopes of further stimulus and Fed lift-off delay. As 'The Guardian' reports, the latest trade ...

Super Mario returns fire

BENJAMIN ONG  |  FRIDAY, 4 SEP 2015
Shots fired! Shots fired! Yes Virginia, Super Mario returned overnight and shot down the euro, putting smiles on the faces of holders of Eurozone stocks - Stoxx 600 up 2.4% -- and bonds - 10-year yields fell across the region. The euro dropped to as ...

Lead us not into a recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2015
... don't want to invest and consumers don't want to consume - the government must spend, spend and spend some more. Yes Virginia, Australia is worried about the deficit rising to levels many of our peers are struggling to get down to. So as we compare apples ...

August angst to September mourn

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2015
... is once more on the rise - the VIX index spiked 10.5% overnight to a reading of 31.40. It's China that did it! Oh yes, Virginia, yesterday's official PMI result reminded all and sundry that all is not well in the world's second biggest economy. Be afraid ...