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Showing 11 - 20 of 51 results for "Whisper"

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
The US Federal Reserve just concluded its April 30 - May 1 FOMC meeting and decided it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum ...

Sell everything (again?)

BENJAMIN ONG  |  MONDAY, 15 AUG 2016
In a week punctuated by disappointing key stats from the world's major economies, something strange in our neighbourhood happened... Wall Street produced a trifecta. The Dow, the S&P 500 and the Nasdaq all closed at record highs on the 11th of August ...

Chinese whispers

BENJAMIN ONG  |  TUESDAY, 28 JUL 2015
It was enough to make anyone wet their pants - headlines about the 8.5% biggest one-day fall since February 2007 dive in the Shanghai Composite index yesterday. What triggered the sell-off, nobody really knows. Someone shouted "fire" and everyone and ...

Out with the old in with the newer

BENJAMIN ONG  |  THURSDAY, 26 MAR 2015
... declines. The immediate implication of this report is, at the very least, the Fed would tone down rates lift-off cries into a whisper. Perhaps. Then again, perhaps not. The primary reason being that this is old "bad news". Markit Economics' manufacturing ...

Grexit not Greek to Brits

BENJAMIN ONG  |  TUESDAY, 17 FEB 2015
No deal! This is the latest news on the Greek bail out talks, and onwards until the next bluff we go... until the 11th hour when ultimately Greece and its creditors suddenly become lovey-dovey once more holding hands while kicking the can down the road ...

Santa came to town

BENJAMIN ONG  |  MONDAY, 24 NOV 2014
"And then, in a twinkling, I heard on the roof The prancing and pawing of each little hoof. As I drew in my head, and was turning around, Down the chimney St Nicholas came with a bound." -- Clement Moore, 'Twas the Night before Christmas' Nah, 'tis ...

US$200b a quarter to keep the bulls going

BENJAMIN ONG  |  WEDNESDAY, 22 OCT 2014
"Having money isn't everything, not having it is." - Kanye West Nah Virginia, at my (middle) age, I'm not one who enjoys hip hop, techno, punk, goth or beats... let alone rap. But yankee-doodle-dandy rapper Kanye's words aptly describe the fall and ...

A sign from the holy spirit?

BENJAMIN ONG  |  FRIDAY, 11 JUL 2014
id the holy spirit just give us a sign? Nah Virgina, I'm speak not of the one-third of the 'Holy Trinity' that is central to the Christian faith but the bank named after it in Portugal - Banco Espiritu Santo. Trading in scripts and bonds issued by Portugal's ...

Janet puts it

BENJAMIN ONG  |  THURSDAY, 8 MAY 2014
"Whispering hope, Oh how welcome thy voice..." Greenspan's done it. Bernanke did it. Now, Yellen's doing it -- the Fed put, that is. If you still doubt it, Virginia, just have a look at last night's trading action on Wall Street. Sure, there was some ...