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Showing 2291 - 2300 of 3072 results for "Benjamin"

Some hope

BENJAMIN ONG  |  FRIDAY, 30 SEP 2011
Germany ratifies rescue plan, now for the rescue. With 523 'jawohls' to 85 'neins' and three abstentions, Germany's Bundestag approved the 21 July plan to increase the lending capacity of the European Financial Stability Facility (EFSF) to a,-440 billion ...

All eyes on Germany

BENJAMIN ONG  |  THURSDAY, 29 SEP 2011
Now you can't say that you haven't been warned. As predicted, the hope trade went puff overnight. Wall Street and European equity markets ended lower last night as the rumours that littered the previous day's gossip mills proved to be lies - pure, simple ...

Hope trade

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2011
Forget the risk on, risk off trade - what we're having now is the 'hope' trade. It would be hard for anyone not to notice the spectacular resurgence in the share prices of European stocks that happened overnight. The FTSE-100 ended 4.02% on the up and ...

Promises and plans

BENJAMIN ONG  |  TUESDAY, 27 SEP 2011
"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on - shame on you. Fool me - you can't get fooled again." (George W. Bush) Ok, stop giggling now, we all know what the former US President ...

Be glad for A$ weakness

BENJAMIN ONG  |  MONDAY, 26 SEP 2011
Oh no! This couldn't happen. Not now, not when the "Finance Minister of the Year" sits in Canberra. The A-dollar has fallen below parity with the US dollar. Australian deputy prime minister and federal treasurer Wayne Swan had been awarded the top gong ...

Bulls see red

BENJAMIN ONG  |  FRIDAY, 23 SEP 2011
A sea of red swamped the world's equity markets - from New York to Rio and old London town - over the past 24 hours. As I've been warning the past few weeks, the global economy is weakening, the odds of another recession has increased and this is sapping ...

Twisting the blues away

BENJAMIN ONG  |  THURSDAY, 22 SEP 2011
Twisted! This was Wall Street's reaction to the US Federal Reserve's remake of the 1961 version of US President John F. Kennedy and the then Fed's attempt to salvage America. The major US equity indices fell big time - the Dow closed 2.5% off, the S&P ...

IMF says prepare to buy

BENJAMIN ONG  |  WEDNESDAY, 21 SEP 2011
This might be it folks! The one we've all been waiting for - the catalyst, the contrarian indicator to end all contrarian indicators. It's all over the news. No, it's not the credit ratings agencies' - which seemed to have been trigger-happy these past ...

Glimmer of hope

BENJAMIN ONG  |  TUESDAY, 20 SEP 2011
It's the same old, same old story playing (dragging on) on our financial screens - the tragedy that is Greece. And just like times past, it's leaving a sour taste on investors' mouths. The recent update talks of Greece's meeting with the troika of alms-givers ...

Waiting and hoping

BENJAMIN ONG  |  MONDAY, 19 SEP 2011
Change is the only constant. Many of you gentle readers would have noticed the change in my stance these past few weeks - not overnight as reader Paul accuse - over the state of the global economy and financial markets. Let me explain why am not in ...