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Showing 251 - 260 of 636 results for "Trump"

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... in the red; the S&P 500 index closed 2.6% lower; the Nasdaq and the Russell 2000 tumbled by 3.0% and 3.1%, respectively. Trump let loose on Twitter, virtually naming Powell an enemy of the state: "As usual, the Fed did NOTHING! It is incredible that ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... Jerome's biggest test since he assumed the Fed chairmanship since February 2018 - nominated by no less than US President Donald Trump himself. Two things are certain. One, Jerome would be careful not to disappoint financial markets that are expecting ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... Shakespeare might just as well have written this prose about Donald J. - that's President of the United States Donald J. Trump to us all. The global economy was going swimmingly fine (even bolstered) straight after his victory and his tax cuts and ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... possibility that the momentum toward achieving the price stability target will be lost". That was printed on July 30, before Trump ramped up his tariff war with China (on August 1) and before all the other uncertainties mentioned above (and then some) ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
US president Donald Trump is envious of Chinese president Xi Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... July (-2 bps) - when the Fed disappointed with its non-commitment to further rate cuts - and deeper (-14 bps) - the day Trump tweeted the application of a 10% tariff on US$300 billion worth of US imports from China starting 1 September. The yield differential ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
A recession is coming! Worries over a global recession are everywhere! Financial market investors are seeking safety - exiting equity markets and queuing to purchase longer-term bonds (despite their low, and in some, negative yields); the US dollar ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... Recession. To be sure, the much hoped for reflation that started in 2017 would have had their desired effects... but for Trump - and his vow to "Make America Great Again" by beggaring its neighbours by imposing increased tariffs on US imports. History ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... underway with many central banks now lowering their target interest rates to cheapen their respective currencies, led by Trump who wants the Fed to cut interest rates by a lot more to lower the US dollar exchange rate. And even before this, Reuters reported ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
How low can they go? Be afraid, be very afraid. A great number of investors are buying into the relative safety of long-term government bonds despite their dwindling yields, and in the case of the Japanese and Eurozone 10-year government bonds, negative ...