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Showing 11 - 20 of 165 results for %22Uncle Sam%22

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... So much so that benchmark 10-year US Treasury bond yields have risen to a 14-month high of 1.78%. This suggests that Uncle Sam would be paying higher interest payments on its increased debt and it could also force the Fed to raise interest rates sooner ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
ASIC chair James Shipton has stepped aside pending the outcome of a review into his remuneration arrangements. Tabling the 2019/20 ASIC annual report today and addressing the Senate Estimates committee, Shipton flagged certain relocation expenses incurred ...

La Trobe completes half billion issuance

ELIZABETH MCARTHUR  |  FRIDAY, 25 SEP 2020
Blackstone owned La Trobe Financial has completed a $500 million residential mortgage backed security (RMBS) issuance. "We are pleased with the pricing this transaction achieved in a market that continues to carry significant uncertainty," La Trobe ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
"Australians all let us rejoice... in joyful strains then let us sing, Advance Australia Fair." It wasn't supposed to go this way. Given the re-imposition of lockdown in Melbourne and most Australian states "closed border" policy, financial markets ...

Chief economist update: Second wave comes to Japan

BENJAMIN ONG  |  MONDAY, 27 JUL 2020
Getting bitten by the love bug may be lovelier the second time around but definitely not if it's a second bite from the coronavirus. Australia is currently in the midst of it. Now the second wave looks like it's come to Japan. According to Kyodo ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
Just when we thought that life was slowly returning to normal, reports out of Beijing have turned into reality what many feared - a second wave. While all our uncles and their dogs blamed China for the "bother" the world finds itself in, its policy ...

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
FASEA chief executive Stephen Glenfield has said it is outside the authority's remit to look into why financial advisers are exiting the industry in droves. Rainmaker analysis of the ASIC Financial Adviser Register indicates that the register has ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... day that the US Bureau of Labour Statistics (BLS) released actual non-farm payrolls numbers, underscoring the bother Uncle Sam finds itself in. The US unemployment rate soared to 14.7% in April -- its highest level on record - from 4.4% in the previous ...

Advice, but not as you know it

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
While it is probably too soon to know the full impact the COVID-19 crisis will have on the future of advice, it is fair to say it may not look the same when all's said and done. Speaking to Financial Standard chief executive of JANA, Jim Lamborn, said ...

Capital retention policies may hit investors: Research

HARRISON WORLEY  |  WEDNESDAY, 6 MAY 2020
New research warns moves by regulators to ensure companies keep a tight rein on capital will likely leave investors worse off. A research paper by First Sentier Investors' systematic equities manager Realindex shows investors - particularly those invested ...