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Showing 1551 - 1560 of 3072 results for "Benjamin"

The recession we're wishing to have

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2014
Get behind me ye men of little faith! There appears no pleasing us, Australians all. Whinge, whinge, whinge. We worry about our country's economic growth - by the by my neighbour still thinks we're in recession... we never got out of it since 2009 - ...

Slides can be fun too

BENJAMIN ONG  |  TUESDAY, 2 DEC 2014
Brent oil up 4.0% to US$72.94 a barrel; WTI oil up 4.9% to US$69.36 a barrel. Is this it? Have we reached bottom oil? Is this the sliding slippery stuff's equilibrium price? Or just a dead feline bounce? As Bob Dylan would sing to you, "the answer my ...

From oil at US$300 to oil at US$30

BENJAMIN ONG  |  MONDAY, 1 DEC 2014
And an oil, oil here, oil, oil there, everywhere an oil, oil. It had been on a slippery slope since prices peaked in the dying days of June this year, but 'twas only last week when the headlines splattered oil all over our faces and onto market consciousness. ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
The cartel that controls 40% of oil production - the Organisation of Petroleum Exporting Countries (OPEC) - met and concluded their 166th meeting in Vienna, Australia last night. The conclusion: "...in the interest of restoring market equilibrium, the ...

Big yawn on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2014
The biggest developed economy in the world growing at a revised annualised rate of 3.9% (from an initial guess of 3.5%) in the third quarter and Wall Street gives it a big gaping yawn? What gives? The tale of the Wall Street tape showed the S&P 500 ...

Crowding in

BENJAMIN ONG  |  TUESDAY, 25 NOV 2014
As a student of economics, I've heard about John Maynard Keynes' 'Paradox of Thrift', David Ricardo's 'Ricardian Equivalence Theory', A Alan Greenspan's 'Interest Rate Conundrum' (which appears to be making a return performance in the US) and of course ...

Santa came to town

BENJAMIN ONG  |  MONDAY, 24 NOV 2014
"And then, in a twinkling, I heard on the roof The prancing and pawing of each little hoof. As I drew in my head, and was turning around, Down the chimney St Nicholas came with a bound." -- Clement Moore, 'Twas the Night before Christmas' Nah, 'tis ...

Quo vadis dollar-A?

BENJAMIN ONG  |  FRIDAY, 21 NOV 2014
You wouldn't miss it even if you tried. Markit Economics did a dump - a dump of fresh PMI data, that is - but after a brief knee-jerk reaction from the financial markets, everything went back to where they were. As they should. This is because the November ...

Minute slip on Wall Street

BENJAMIN ONG  |  THURSDAY, 20 NOV 2014
Either they're plain lazy or just simply stupid! Like a dog with a bone, they got it and... ran away with it. I refer to some (thankfully, not most today) financial headlines that connected Wall Street's dip overnight to the Fed's deflation concerns. ...

One swallow says it's springtime for Germany

BENJAMIN ONG  |  WEDNESDAY, 19 NOV 2014
One month's tick up in a single index is all it took for euro area financial markets to go loco. Yes Virginia, they've gone loco over reports that economic sentiment in the region's locomotive - Germany -- rebounded (big time) in November after falling ...