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Showing 11 - 20 of 156 results for "Nah"

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... world would have been in a recession, a depression even, but the growth that follows would have stronger foundations. But nah, low and lower interest rates it is... and QE. To repeat, it punished savers and sent investors to seek higher yields, moral ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... all dead". That, of course, is if COVID-19 endures and permanently wreaks death and/or destruction of economic activity. But nah, like all others before it, a cure will be found and when we look back at the rear view mirror, we'll be kicking our ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... optimism that "a gentle turning point appears to have been reached" expressed in 1 October's monetary policy decision. Nah Governor, for survey says we're now teetering on the brink. The flash estimate of the Commonwealth Bank Composite PMI fell ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... "purchasing assets with newly created bank reserves in order to provide banks with more liquidity". It looks like you! But nah, the US Federal Reserve is adamant it is not. It's just a "technical" measure, even publishing an explanation for the why ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
... Australian central bank nearly out of ammunition and is virtually "pushing on a string", the government has to step in. But nah! The Morrison administration has to have that right to brag that it took the budget to a surplus! Never you mind if it asks ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... in the novel should have been giving this advice to Bank of Japan (BOJ) governor Haruhiko Kuroda san, instead of Alice. But nah. The BOJ kept monetary policy settings as they were - the policy rate at -0.1%; the target for 10-year JGBs at around zero ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... Jackson Hole being just a repetition of the Fed's recent mantra that it "will act as appropriate to sustain the expansion"? Nah, not according to Trump's tweet on August 23 where @realDonaldTrump joked (or really believed it?): "The Dow is down ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... process cheapening their currencies - in the first place. Trump's motto appears to be, I win only if everybody else loses. Nah, Mr. Trump. There's no war to be won. America would be great again, even greater, if your leadership provides the rising ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... familiar refrain, saying: "A cut now could weaken our ability to fight back against a serious economic threat down the track." Nah Chris, administer a small dose of the medicine now so you don't have to roll out the defibrillator to get the patient's ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
Could it be? Could it be that Westpac's chief economist Bill Evans has just gotten one up on me? Nah Virginia, me don't want to "kill Bill", we economists may not see eye to eye but we stick together. More so that Bill's come around to my ...