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Showing 171 - 180 of 1161 results for "GFC"

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... September 11 terrorists' attacks by depreciating from US$0.65 to below US$0.50. It cushioned the Australian economy during the GFC when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... +2, nine points lower than the previous month's reading of +11 that, according to NAB is "largest monthly fall since the GFC and declines were broad-based across states and industries." In addition, the business conditions' components - trading ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... September 11 terrorists' attacks by depreciating from US$0.65 to below US$0.50. It cushioned the Australian economy during the GFC when it dropped from US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was ...

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... mean to sensationalise but I got my cue from the Sydney Morning Herald's article titled "'It's our version of the GFC: warning on looming interest-only crisis" published in July last year. As per the article: "The Reserve Bank has previously ...

Retail investors see limited upside in 2019

KARREN VERGARA  |  MONDAY, 7 JAN 2019
... months. Investment Trends research director Recep Peker said the December quarter of 2018 was the most bearish quarter since the GFC, with the average investor expecting no capital gains from domestic shares in 2019. "Despite this, they still believe ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... chair Jerome Powell and his merry men are doing a similar thing to Ben Bernanke and his brothers in 2008. A year before the GFC, then Fed chair Bernanke was quoted saying: "Overall, the US. economy seems likely to expand at a moderate pace over the second ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... policy option in Australia, should it be required." This may be because he talked about the "lessons and questions from the GFC." Then again, it could also be because RBA is now weighing its countercyclical options. The recent arrest of the Huawei executive ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
... effort to bring monetary policy back to normality, that is, reducing system-wide liquidity. We only have to look back at the GFC and Grexit and Japanese deflation and everything in between to realise that the world had had bigger challenges back then ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... portfolio manager Darren Langer says government bond issuance picked up significantly in Australia and offshore throughout the GFC. In 2007, the sectors were relatively balanced at roughly one-third high-grade, government and credit respectively as reflected ...

Super funds react to market sell off

KANIKA SOOD  |  MONDAY, 29 OCT 2018
... as cash and bonds, you risk missing out on benefitting from the recovery in share prices," Fahy said. "The tail end of the GFC, when the ASX 200 Index bottomed out at 3344 points, was nearly a decade ago now. Since that time we have seen strong gains ...