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Showing 11 - 20 of 31 results for %22POTUS%22

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... for many years!" - 7:21 am - 3 Jul 2019 This is the latest tweet from @realDonaldTrump aka US President Donald J. Trump. POTUS is really upping up the ante in his war with the rest of the world in his quest to make "America Great Again" and perhaps ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
Maybe not at this month's Federal Open Market Committee (FOMC) meeting but consensus expect the US Federal Reserve to serve Christmas in July with a 25 basis point reduction in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... relief after Trump's tweet "indefinitely" suspending his tariff threat against America's southern neighbour. But POTUS being Trump, he's exploited this "win" to issue fresh tariff threats versus Beijing (and indirectly to all other countries ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... Trump proved to the entire planet that the only thing predictable about him is his unpredictability. With just two tweets, POTUS reignited hostilities (and perhaps an escalation) of the US-China trade war, spooking financial markets which - since the ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... wasn't aware of this, but it appears that Donald J. Trump had been letting his fingers do the talking even before he became POTUS. The "Daily Mail" re-printed the tweet he made back on 30 December 2013: ""No one remembers who came in second" - Walter ...

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
... 25 in New York); the S&P 500 increased 0.8% and the Nasdaq jumped 1.3%. Trump did it! Wall Street's gains came after POTUS announced that he has reached a deal with the US Congress to end the record 35 days of partial government shutdown despite ...

Chief economist update: Laissez faire

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...

Chief economist update: No sweat says BOC on Trump tariffs

BENJAMIN ONG  |  MONDAY, 23 JUL 2018
US President Donald Trump has again upped the rhetoric against China (which of course, brought back trepidation over an escalation of the trade war) and most recently he went on attack against his own central bank - the US Federal Reserve. Apparently ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... There goes Trump's "So we're at 3.3% GDP [Q3 2017]. I see no reason why we don't go to 4%, 5%, and even 6%." POTUS certainly would have read the US Chamber of Commerce's warning back in May this year that, "President Trump's strict ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... of 13.42 last week (down from this year's high to date of 37.32) - there remains that lingering uncertainty over what POTUS Donald Trump or North Korea's Kim Jung-on or China's President Xi Jinpeng really thinks. Include the heads of states ...