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Showing 211 - 220 of 253 results for "Americans"

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
... is. With the fed funds rate at an historic low of 0-25 per cent, interest rates could not be lowered further to entice Americans to spend. As such, the policy setting Federal Open Market Committee (FOMC) announced that the central bank would do the shopping ...

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
... It is not a surprise then, as Bloomberg reports, that a poll by CNN and Opinion Research Corp revealed 41 per cent of Americans think the US government should leave distressed lenders to die, 39 per cent wanted them to be temporarily nationalised and ...

Subsidise financial advice: Shiller

MICHELLE BALTAZAR  |  FRIDAY, 27 FEB 2009
... bonds that hedge against the big risks facing investors. Referring to how former US President Theodore Roosevelt rescued Americans from the Great Depression, Shiller said the government's bail-out package is not enough. The Obama administration needs ...

Baracking for the US

BENJAMIN ONG  |  THURSDAY, 26 FEB 2009
... no question that, unlike his predecessor, Obama has the gift of gab. But like his Treasurer, his 'grand plan' to put Americans back into the world's pedestal lack specifics. Anyone could mouth off the words '...we will rebuild, we will recover' and everyone ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
... great economist - John Maynard Keynes - who said that, in the long run, we're all dead? Well, the long run has come, and Americans are not dead, so they have to pay higher taxes - those earning high wages anyway - to pay for their government's debts. ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... battered confidence and the sinking economy. But what message does this rewarding of irresponsible behaviour send to Americans? That they can get away with murder. Have money, will travel. And America has a big printing press to do this. Yes it can. ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
Waiting...waiting. Americans and Australians are both in a holding pattern waiting for the passage of their respective government's latest fiscal dole-outs. Wall Street sat on the fence overnight as investors await the approval of US President Barack ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... Friday's trading in the US and Europe suggests that equity investors may also be coming round to this view. For even as Americans received news that more of them joined the job hunters club, the stock markets rallied. The S&P 500 index and the Dow both ...

Focus on the good

BENJAMIN ONG  |  FRIDAY, 6 FEB 2009
... Subject to spin. Tomorrow's US employment report may again rattle investors' nerves. The betting is that another 540,000 Americans received pink slips in January. Certainly, this will be again subject to spin. Much the same way as the US fourth quarter ...

Darkest before dawn

BENJAMIN ONG  |  MONDAY, 2 FEB 2009
... world? Given the ever-expanding list of bad news just in the first four weeks of the first month of 2009, who could blame Americans - and all their cousins around the world - from taking the year off. Job insecurity and job losses, businesses closures ...