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Showing 161 - 170 of 235 results for "Yes Virginia"

A week full of question marks

BENJAMIN ONG  |  MONDAY, 5 NOV 2012
... too until... he didn't. The S&P 500 finished Friday down by 0.94%, nearly erasing the previous day's 1.09% advance. Yes Virginia, this is another 'what the' moment. For 'what the' fudge's wrong this time? What, what, what? The US employment report was ...

Good US housing news is real good news

BENJAMIN ONG  |  THURSDAY, 18 OCT 2012
"Property is the fruit of labor; property is desirable; it is a positive good in the world." -- Abraham Lincoln Yes Virginia, property is good and an improving property market is good for the economy. Now do you still wonder why Ben Bernanke is doing ...

It's raining, it's pouring good news

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2012
... stocks), the FTSE-100 gained 1.1% and Japan's Nikkei-225 index finished 1.44% stronger. When it rains, it pours. Yes Virginia, we've not only been getting rain since then, but a pouring of good news. We've got more last night. US industrial production ...

Australia: all good and wishing for the worst

BENJAMIN ONG  |  THURSDAY, 6 SEP 2012
... world is so stuffed up (I can't use the other F word), that the Australian economy is in danger of slowing big time. Yes Virginia. The rationales all seem reasonable. But haven't we heard all this before? The Australian economy had been through a lot ...

Bond boom or bust?

BENJAMIN ONG  |  TUESDAY, 4 SEP 2012
We've peered through the Hole and we saw something - we think. Now it's the Europeans turn. Yes Virginia, the Europeans are back in town! And yes, Virginia, we can tell because we're hearing the same rhetoric from the usual suspects being replayed on ...

Blahs take the blues away

BENJAMIN ONG  |  WEDNESDAY, 8 AUG 2012
Another day, another blah to keep risk takers happy. Yes Virginia, in keeping up with our Olympics theme, it's turning out to be a blah relay. This time, Eric S. Rosengren -- president of the Federal Reserve Bank of Boston - is running with the blah ...

If not now, when?

BENJAMIN ONG  |  FRIDAY, 3 AUG 2012
... Similarly, Spanish 10-year bond yields are back above 7% after dropping to as low as 6.6% on Draghi's promise (threat?). Yes Virginia, all we got was no action and more promises from central bankers. As quickly as the CB meeting results flashed on screens ...

No Ben boosta

BENJAMIN ONG  |  THURSDAY, 2 AUG 2012
... closed down by only 0.3% as we awoke - still up by 2.8% from the day before Mario's "whatever it takes" declaration. Yes Virginia, the Fed offered nothing new. Growth has slowed... "Information received since the Federal Open Market Committee met in ...

The twain could not meet

BENJAMIN ONG  |  THURSDAY, 19 JUL 2012
... deteriorating one. I guess even the WSJ can be caught up in the moment, put two and two together and came up with three. Yes Virginia. According to Bloomberg, of the 63 companies in the S&P 500 that have reported so far, 73% have topped expectations. ...

Equity value - cheap or the new normal?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2012
... nightmare scenario proves correct? What if the cheap equity valuation reflects what "experts" now term the "new normal"? Yes Virginia, there's confusion even with these. And you still wonder why markets can't make up their minds. The only sure thing ...