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Showing 221 - 230 of 352 results for "Bernanke"

Greek tragedy overwhelms Obama

BENJAMIN ONG  |  FRIDAY, 29 JAN 2010
... stop turning while Obama was delivering his oration. This soured Wall Street and other equity markets. News that Ben Bernanke was reappointed as Fed Chairman by a 70-30 vote came too late to quell worries about negative developments in Greece. The S&P ...

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
... economic growth." But like they say, it's not over till the fat lady sings. Wall Street still faces the uncertainty over Ben Bernanke's second stint at the helm of the Fed. Wall Street's still waiting to hear what President Obama has to say in his State ...

Wall Street v Main Street

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2010
... its Chairman. So what do politicians do? Some of the announced that they would vote against the re-confirmation of Ben Bernanke for a second term. President Obama will make his first State of the Union speech later tonight. By all indications, it would ...

Now that's challenging

BENJAMIN ONG  |  MONDAY, 25 JAN 2010
... in the markets but we should never under-estimate the lobbying power of money. Oh by the way, we also thought that Ben Bernanke's re-election to the chairmanship of the Federal Reserve would just be rubber-stamped. It's looking shaky now. Now what else ...

Juice flow to continue in 2010

BENJAMIN ONG  |  MONDAY, 11 JAN 2010
... crutches" could undo all of the gains achieved to date. Worse, it could push the global economy into a double dip. Ben Bernanke, for one, knows this all too well. He is an expert of the Great Depression of the 1930s. He knows too well how the US economy ...

The I word

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2009
... utilisation rate increased to only 71.3 per cent - still below the 78 per cent level considered full capacity. Benny Bernanke noted this too when in his written reply to Kentucky Republican Senator Jim "you are the definition of moral hazard" Bunning ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 DEC 2009
... or 0.55 per cent, to 4695.2. NEW YORK - Financial markets were reassured by comments from Federal Reserve Chairman Ben Bernanke, who said interest rates would remain low as the economy proceeds on slow recovery. Stocks fell back in mid-afternoon trading ...

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
You are the definition of moral hazard! These words - delivered by Kentucky Republican Senator Jim Bunning at Ben Bernanke's Senate hearing on his nomination for a second term as Chairman of the US Federal Reserve - perhaps reflects the embodiment of ...

Thanks for now

BENJAMIN ONG  |  TUESDAY, 24 NOV 2009
... remain at zero forever. But interest rates will remain where they are for as long as the economy needs it. Chairman Ben Bernanke says so. Stimulation would remain for "an extended period." So has other Fed officials. Chicago Fed Pres Evans declared that ...

Battle of the bulge

BENJAMIN ONG  |  TUESDAY, 17 NOV 2009
... economic activity weak and unemployment much too high. Future setbacks are possible." With these words Virginia, Benny Bernanke again set the market for risk assets alight. Equities and commodities shot up, happy that our dear Uncle would continue to ...