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Showing 1971 - 1980 of 3072 results for "Benjamin"

Venezuelan market rally under question

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2013
Wall Street might is in the midst of jubilation, celebrating the Dow Jones Industrial Index's foray into a new all-time record high last night. Investors are counting their lucky stars - er, dollars - from the Dow's 117.7% surge from the bottom plumbed ...

Can't help falling in love with stocks

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2013
"Sing Hallelujah! Sing it Sing Hallelujah! Sing it, yeah Sing Hallelujah!" -- 'Sing Hallelujah' by Dr. Alban They're dancing and singing on the streets - Wall Street, that is -- for the Dow Jones Industrials Index has officially closed at an all-time ...

China's turn to provide buy opportunities

BENJAMIN ONG  |  TUESDAY, 5 MAR 2013
It was bound to happen, didn't it? We've come full circle to the spooks that haunted through most of last year. Two weeks ago it was America and fears of Fed unwinding. Last week it was Italy and scares of a European debt crisis flashback. This week ...

The virtuous cycle is back in play

BENJAMIN ONG  |  MONDAY, 4 MAR 2013
Who's afraid of sequestration? Not Wall Street it seems. The US$85 billion in spending cuts known as 'sequestration' came into effect last Friday, the 1st of March. Yes, that one. That unkind cut that the IMF predicts will shave half a percent to its ...

Wall Street up till it was down

BENJAMIN ONG  |  FRIDAY, 1 MAR 2013
This is absurd, I thought to myself when I woke up and saw Wall Street on the up and up, punctuated by headlines such as: "Dow Average Approaches Record After GDP, Jobless Claims" (Bloomberg) "Wall Street edges higher, Dow and S&P records a hurdle" ...

Brazilian CB might need to stop shaving

BENJAMIN ONG  |  THURSDAY, 28 FEB 2013
Phew! We got passed that air pocket so easily, didn't we now? Equities are once again flying high. Never mind the still inconclusive Italian elections because judging from last night's Italian bond auction, financial markets aren't really that scared. ...

Bernanke pours liquid over Roman burn

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2013
The title just about describes the events of last night and the one before. Woe to Europe that's feeling antsy pantsy over Italy's result - or should I say, non-result - and the extrapolation of this into "skyfall" (Finally, I got the chance to use ...

Fear is here

BENJAMIN ONG  |  TUESDAY, 26 FEB 2013
Wall Street dropped big time overnight. Thank goodness for that. The S&P 500 index closed 1.8% lower last night. This is the biggest daily fall since the 2.4% drop registered on 7/11/2012 - the time when markets were neck-deep with worries. At the time ...

Fed sorted easy, now for the ceiling

BENJAMIN ONG  |  MONDAY, 25 FEB 2013
Huh? Was that it? Was that the correction we had to have? To borrow from Neil Young, "My my, hey hey," seems like rock n' roll is here to stay 'ey? You know what I mean. It's the S&P 500's big back-to-back corrections on Wednesday (down 1.2%) and Thursday ...

QE paradox in reverse

BENJAMIN ONG  |  FRIDAY, 22 FEB 2013
Ouch! No, that's not the sound of the equity markets hurting from the sell-off of yesterday. It's yours and truly, kicking myself on the backside for not correctly pinpointing the catalyst to the correction that I've been warning about in recent days. ...