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Showing 351 - 360 of 1438 results for "Recession"

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
... we'll never make it!" And for good reason. With economic activity frozen in most parts of the globe, a worldwide recession is at hand. The latest economic stats from China - ground zero - provide an indication of where other economies are headed. ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... Management, said against the current backdrop it seems probable that in the next couple of quarters we will see the globe in recession. "What happens subsequently, and the rapidity of any bounce back, may depend on the agility of the policy response," ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... not lessen) the sense of panic that's freezing economic activity that, in turn, could turn prophecies of a global recession into a self-fulfilling one. However, these aggressive and/or coordinated policy responses could have the opposite effect ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... and investor concerns. Worst, coronaphobia's now compounded by the oil price war. Certainly, the risk of a global recession has increased significantly. But the world has survived all other epidemics and pandemics before, and more recently, the "Great ...

ScoMo launches $17b stimulus package

ALLY SELBY, ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... government has announced a $17.6 billion economic stimulus package, as it ramps up its efforts to dodge a coronavirus-sparked recession. It comes as the World Health Organisation regrades COVID-19 to a global pandemic, with 118,326 cases of the virus ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... Australians, all, might even celebrate you should your efforts succeed in extending the country's 29 years of no recession into 30 years. The latest reads from the NAB Business Survey and the Westpac/Melbourne Institute clearly shows waning confidence. ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... reminder of the implicit downside potential of equity markets," he said. "With the increasing likelihood of a global recession, all market participants could get badly hurt, particularly if trading on margin." He recommends investors with a long-term ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
... made during the GFC that governments and central banks should have let the global economy reboot - i.e., go into the recession it had to have - back then, thereby perpetuating "moral hazard" - the belief that certain companies are too big to fail and ...

Billionaire investor warns against buying the dip

ALLY SELBY  |  MONDAY, 9 MAR 2020
Billionaire investor and stock picker Alex Waislitz has warned investors to steer clear from trying to sell or buy market dips, as the coronavirus continues to batter markets. In his capacity as Thorney Opportunities chair, Waislitz wrote to shareholders ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... exacerbated by the yen's safe-haven strength, compounds the hit on the Japanese economy, practically ensuring another recession, with economists predicting an annualised contraction of 1.2% in the March quarter this year. There's also the risk ...