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Showing 211 - 220 of 636 results for "Trump"

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... billion for direct cheques to the American people. Following the Federal Reserve unleashing quantitative easing measures, Trump called on Congress to approve his stimulus package as quickly as possible. Over in the UK, Prime Minister Boris Johnson announced ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from US President Donald Trump all triggering one of the worst days on Wall Street since 1987. While some investors appear to be optimistic that the policy ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
"Danger, Will Robinson!" Danger! Danger! Pick a stock market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia. Yes Virginia, the bears came out of hibernation in full force. There was no place ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... coronavirus. Even better, expectations for further unwinding of the tariffs and trade protectionist policies started by Trump in 2018 - and retaliations to them -- would underpin increased global trade, a rising tide that will lift all boats. As for ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... September and October (that took the fed funds rate from 2.25%-2.5% to 1.5%-1.75%). That was before US President Donald Trump was impeached (though later cleared) and corona became known as the virus that's currently infecting the world -- instead ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... activity." There weren't any mention of the euro exchange rate though - she was astute enough not to as it might give Trump extra ammunition on renewed trade war offensive toward the Eurozone. The fact remains that the euro's depreciation versus ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... hitting the sell panic button, investors should take this opportunity to add to their stock portfolios." This, or Donald Trump will increase the tariff on the virus entering America. But I digress. The ABS 'Labour Force, Australia' report shows ...