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Showing 2921 - 2930 of 3072 results for "Benjamin"

Bad tidings we bring

BENJAMIN ONG  |  MONDAY, 12 JAN 2009
With the US economy entering its second year of recession, investors need all the best wishes for the New Year to come true. The problems of 2008 have not gone away - they have worsened. The reason why the equity markets' cheery welcome of 2009 faded ...

Beautiful set of numbers

BENJAMIN ONG  |  FRIDAY, 12 DEC 2008
"This is a beautiful set of numbers." (Paul Keating). What is? The Australian Bureau of Statistics' (ABS) Labour Force report for November of course. But many headlines did not see it that way. Bloomberg headline: Australia Lost 15,600 Jobs, Adding ...

China syndrome

BENJAMIN ONG  |  THURSDAY, 11 DEC 2008
Red alert! Red alert! China is slowing. China is slowing. Persistent punches by the global financial crisis has knocked out the economies of the United States, the Eurozone, Japan and the United Kingdom to name a few. By its sheer size and ongoing industrialisation ...

Knife falls

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2008
Anyone else caught the falling knife? Lower earnings forecasts quickly ended Wall Street's optimism over Santa Obama's promise of a 'single biggest investment' since the 1950s. Like I said in yesterday's commentary, for now this is simply rhetoric. ...

Santa Obama

BENJAMIN ONG  |  TUESDAY, 9 DEC 2008
'Tis the season to be jolly. Christmas has arrived early for equity investors. Or has it? Stock markets around the world rallied between 5 and 8 per cent yesterday and overnight, punctuated by the Dow's peeping above the 9,000 mark in intra-day trade ...

All I want for Christmas is a job

BENJAMIN ONG  |  MONDAY, 8 DEC 2008
Two million jobs and counting. This is the number of Americans that will bring increased profits to Campbell Soup come Christmas time. And because these ordinary taxpayers' have to give part of their now non-existent income and drastically reduced wealth ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
And the race is on -- the race to zero interest rates. The way major central banks are going, benchmark target rates could hit the big fat 0 before Easter 2009. Following the Reserve Bank of Australia's 100 basis point interest rate reduction early ...

Filled half-empty glass

BENJAMIN ONG  |  THURSDAY, 4 DEC 2008
The Australian economy grew by 0.1 per cent in the third quarter - the slowest since December 2000. Is the glass half-full? Or is it half-empty? Gauging from the headlines that followed the release of the Australian National Accounts, the domestic economy's ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
Roll out the printing presses. Cutting the Federal funds target rate below 1 per cent is certainly feasible. This was the statement delivered by US Federal Reserve Chairman Ben Bernanke in his speech before the Greater Austin Chamber of Commerce in ...

Mr. Scrooge's Ghosts

BENJAMIN ONG  |  TUESDAY, 2 DEC 2008
It's official. The US is - or has been - in recession since December 2007. Now what? The Business Cycle Dating Committee of the US National Bureau of Economic Research (NBER) announced that America's economy entered recession one year ago, despite not ...