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Showing 2831 - 2840 of 3072 results for "Benjamin"

We've left bottom

BENJAMIN ONG  |  TUESDAY, 26 MAY 2009
Equity markets have come a long way after hitting their lows in March. Their run-up was first measured in days, day stretched into weeks and now...months. The optimism engendered by the slowly mounting economic indications that the market has left the ...

Undue credit

BENJAMIN ONG  |  MONDAY, 25 MAY 2009
Those who forget the lessons of the past are doomed to repeat it. Are we again giving credit ratings agencies undue credit? Equity and bond markets have been shaken by Standard & Poor's warning that it might downgrade the UK's sovereign credit rating. ...

No two ways about it

BENJAMIN ONG  |  FRIDAY, 22 MAY 2009
Waiter, there's a fly in my soup. Financial markets stopped enjoying the tasty aroma of recovery in their soups last night after Standard & Poor's warned that it might downgrade the United Kingdom's AAA credit rating because of its widening budget deficit ...

Acronyms pull down USD

BENJAMIN ONG  |  THURSDAY, 21 MAY 2009
Indications are emerging that markets are 'starting to heal' but 'forceful and sustained' policy actions are still needed. These words from US Treasury Secretary Timothy Geithner perhaps best sum up the macro-environment for the second quarter economy ...

Seeking equilibrium

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2009
No confusion here. Wall Street would not be dragged into reacting to reports that US home building has fallen to its lowest level on record. Just imagine what could have happened had this report reached the headlines six months ago? US equities ended ...

Easing Libor pains

BENJAMIN ONG  |  TUESDAY, 19 MAY 2009
No more Libor pains. The trillions of dollars flooding the financial system have already bought optimism for an eventual economic recovery - now it is also buying trust. Trust among banks, that is. Yesterday, I talked about the Libor/OIS spread - a ...

Confusion in the inflection

BENJAMIN ONG  |  MONDAY, 18 MAY 2009
Cracks on the Wall? Have markets got ahead of themselves and investors are now looking for the greater fool? Taking Wall Street's cue, most major equity markets around the world finished last week's trading activity in the red. But then again, most ...

Bull market on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 MAY 2009
Wall Street paused. Wall Street is refreshed and ready for more climbing. Wall Street is back after taking a breather over the past three days, reversing some of the losses incurred since the start of the week. The S&P 500 index gained more than one ...

Pause that refreshes

BENJAMIN ONG  |  THURSDAY, 14 MAY 2009
One for the bears. The pendulum has swung in favour of the 'dead cat bounce' camp as Wall Street clocked its third consecutive day of losses. The S&P 500 fell by 2.7 per cent overnight, taking its total losses over the past three trading sessions to ...

Goldilocks Budget 2009

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2009
Most Australians by now would be suffering from Budget diarrhea. For there is no escape...everywhere you turn, it's Budget 2009 - the second for the Rudd Government and the first in contemporary Australian history of a tough one. Those were the days. ...