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Showing 131 - 140 of 458 results for %22Yes Virginia%22

Lies, stats and damned double seasonal adjustments

BENJAMIN ONG  |  TUESDAY, 19 MAY 2015
... first-quarter growth fairly consistently, even though they are adjusted to try to account for seasonal patterns." Yes Virginia, that advance estimate of 0.2% annualised rate of GDP growth the Bureau of Economic Analysis (BEA) reported the US economy ...

Damned lies and (actual) stats

BENJAMIN ONG  |  MONDAY, 18 MAY 2015
... consumer spending that lifts business profitability and investments, lifts wages and strengthen consumer spending. Yes Virginia, the BOJ is not engaging in a propaganda of untruths but in wishful thinking - hoping and wishing and praying that someday ...

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
... trade, and then... it sputtered, it seized up to end 9.32 points (0.2%) from its pre-"Mother's Day" closing level. Yes Virginia, what the "F" indeed? It couldn't be the Australian dollar, it traded down to below US$0.79 compared with Friday's close of ...

What might trigger a sell-off?

BENJAMIN ONG  |  TUESDAY, 21 APR 2015
Impressive! Nah Virginia, I refer not to the big bouncy bouncy Wall Street and European equity markets did last night - which almost instantaneously affirmed the rant I scribbled on this space yesterday that "the bad and the bad and the bad" that spooked ...

A fantabulous set of jobs numbers

BENJAMIN ONG  |  FRIDAY, 17 APR 2015
... jobs data was released, while swaps data compiled by Bloomberg has it coming in from 73 per cent to 57 per cent". Yes Virginia, there's now almost an even chance that the RBA will remain away in May as it did in March and April. The A$ gamblers thinks ...

The first is always the best

BENJAMIN ONG  |  THURSDAY, 9 APR 2015
... increasing by just 126,000 in March against expectations for a 247,000 addition and the lowest gain since December 2013. Yes Virginia. What hope do we lesser mortals have if even the great minds at the world's biggest central bank couldn't decide on ...

RBA rate cut: earlier and more

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2015
... Looks like it's gonna happen in May with a slight chance of April was what I typed on this space seven days ago. Yes Virginia, 'twas about the when the Reserve Bank of Australia (RBA) would next cut the official cash rate which it unexpectedly left unchanged ...

Patience, my dear

BENJAMIN ONG  |  MONDAY, 16 MAR 2015
... Reserve's true message after it announces its monetary policy decision on 18 March will take centre stage this week. Yes Virginia, here we go again. We go guessing the "will she, won't she" of Janet's patience again - that is, would US Federal Reserve ...

You sexy thing

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2015
... surged three months before Standard & Poor's took away one-A from the US of A's AAA credit rating in August 2011. Yes Virginia, the US dollar has come a long way since, baby. "Everybody wants her, everybody loves her" -- everybody wants to take that ...

The die is cast

BENJAMIN ONG  |  TUESDAY, 10 MAR 2015
... already notched up around 15% gain this year to date -- or conflicted because of the re-emergence of Greece bail-out problems? Yes, 'the institutions' and Greece are rattling sabres again for another repeat showing of the Greek tragedy - the "money for ...