Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 181 - 190 of 3677 results for "Wall Street"

Will 2017 be a mirror image of 2016?

BENJAMIN ONG  |  MONDAY, 9 JAN 2017
... S&P 500 is trading at 17.2 times prospective earnings - overvalued relative to its 5, 10 or 15-year averages. Where Wall Street goes, the world goes. He'll certainly try... but will it be watered down by the US Congress? Then there's the surging US dollar ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
... rebuilding, deregulation, tax reform. Ones that are expected to turn the "new normal" into the "new new normal". Equities on Wall Street have soared to fresh record highs. Never mind stretched valuations - they'll be revalued higher when Santa Trump's ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
... recordings of Goldman Sachs employees discussing plans to try to influence the ISDAFIX benchmark, as it's known on Wall Street. Goldman Sachs will pay $120 million as penalty and has been ordered to desist from further violations as charged and undertake ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... inflation (partially negated by US dollar appreciation). Financial developments. Check. If the continuing rally on Wall Street - despite higher bond prices - and gains in other major equity markets and VIX index that shows no fear (currently at 11.75) ...

Locked in

BENJAMIN ONG  |  MONDAY, 5 DEC 2016
... (+178K) in November while the unemployment rate fell to 4.6% from 4.9% in October (full employment?). This is because Wall Street has resigned itself to a Fed rate hike by the middle of this month... and without fear (the VIX index remained at a low ...

Trump protectionism protects not the emerging markets

BENJAMIN ONG  |  MONDAY, 28 NOV 2016
... talked about" in intervening years, President-elect Trump has brought it back to the fore...and with a vengeance. Wall Street continues to scale record highs since Donald's presidential election victory - the US dollar index has risen by 3.7% since the ...

The president is a Trump

BENJAMIN ONG  |  THURSDAY, 10 NOV 2016
... get along with us. We will be. We'll have great relationships. We expect to have great, great relationships". Even Wall Street has come around - it rallied sharply the day after the most despised man in America became the president of America - giving ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
... surgery for his partner, buying a house and settling debts with Jordan Belfort - sometimes referred to as 'The Wolf of Wall Street'. Howard also provided false information and documents to clients and third parties. In addition Howard had failed to ...

Raising rates on soybeans

BENJAMIN ONG  |  MONDAY, 31 OCT 2016
... up sitting in the slammer instead. Trump could win! But Trump is an uncertain entity, with uncertain policies and Wall Street hate uncertainty. The US economy is expanding at a faster rate. Good news. The US Federal Reserve is certain to lift interest ...

Central banks still got their mojo

BENJAMIN ONG  |  MONDAY, 26 SEP 2016
... Qualitative Monetary Easing with Yield Curve Control" alongside not taking interest rates further down into the negative. Wall Street rallied - S&P up 1.1%; Dow up 0.9%; Russell 2000 up 1.4% and the Nasdaq up 1.0% to an all-time high - on the day the ...