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Showing 1681 - 1690 of 3072 results for "Benjamin"

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
For those who still doubt that expectations matter in the financial market, last night's double boo boo on Wall Street should cast those doubts aside. The Institute of Supply Management (ISM) released its manufacturing index for May last night. Markets ...

Losing shine

BENJAMIN ONG  |  MONDAY, 2 JUN 2014
Who went away in May? The month when we're supposed to sell and go away is over but it appears that it's the sellers that went away instead. Yes, Virginia, May's closing stats show that most major equity markets from New York to Rio and old London town ...

So bad it's good

BENJAMIN ONG  |  FRIDAY, 30 MAY 2014
It's oh so bad that it's good. This, Virginia, is the conclusion one would reach if you put last night's assessments on Wall Street with that of the previous day... that is, if one could try to stop oneself from laughing at the spinmeisters. Wall Street ...

In with the old, out with the new

BENJAMIN ONG  |  THURSDAY, 29 MAY 2014
Move on folks, nothing to see here... go git! Trading activity on Wall Street while we slept was a big wide-opened yawn, but I can't help myself asking "what the fudge?" Just one day before, the financial media was abuzzed with rationales upon rationales ...

The name is bonds

BENJAMIN ONG  |  WEDNESDAY, 28 MAY 2014
The Memorial Day holiday in the US must have put Wall Streeters in a good mood - they came back a-shopping and sent the S&P 500 index up to a fresh record high. As the Bellamy Brothers sang, "There's a reason for the sunshine sky there's a reason why ...

Help is on its way

BENJAMIN ONG  |  TUESDAY, 27 MAY 2014
If three weeks (almost) ago European Central Bank (ECB) president Mario Draghi still gave himself a bit of wiggle room not to act (or defer action) - "after having seen the Staff projections that will come out in early June" - he did none of that when ...

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
Yeah baby, let's! Seen the CBOE VIX index lately? Yes, that one - the one financial markets look at the gauge the level of investors' fear. It was pegged at 11.36 at the close of last week's activity - the lowest since the ides (15th) of March 2013. ...

Global healing?

BENJAMIN ONG  |  FRIDAY, 23 MAY 2014
Yes, no, maybe... I don't know. It's another happy day for the stock markets, hoisted up by the news du jour of positive indications from the latest PMI survey readings. Yes. The Markit Economics index of US manufacturing rose to a flash reading of ...

Easy CBs

BENJAMIN ONG  |  THURSDAY, 22 MAY 2014
Ho-hum. Two minutes and a policy announcement and what have we got? More of the same - the same pledge, promise, commitment, indication that the world's biggest lenders of last resort would keep lending... at cheap as chips rates. Wall Street's happy.A ...

Watching you watching me watching you

BENJAMIN ONG  |  WEDNESDAY, 21 MAY 2014
"Round like a circle in a spiral, like a wheel within a wheel Never ending or beginning on an ever spinning reel..." - Noel Harrison It's up, it's down... it's goin' round and round. Yup Virginia, that's Wall Street for you. But the up one day (on dip ...