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Showing 361 - 370 of 1438 results for "Recession"

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... IMF predicted the world economy to expand by 3.3% this year. Worse, not a few are pencilling in an increased risk of a recession. These dire prognoses, along with the heightened volatility in the financial markets, have spurred finance ministers and ...

Chief economist update: The C word

BENJAMIN ONG  |  TUESDAY, 3 MAR 2020
... towards restoring consumer, business and investor confidence, as they have during the global financial crisis and "Great Recession" of a decade past. The sharp rebound in equity markets everywhere proves this.

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... possibility of policy support. Third, global financial markets have started to price in a non-trivial chance of global recession." Ord Minnett said these factors mean the case for RBA easing in March "is clear" and the bank will make the move to protect ...

Remain liquid, defensive and patient: Schroders

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
... we were seeing some reversal of the economic slowdown, but now this has reversed that again." Kase said the long-term recession risk remains high, but the near-term risk has abated. "What we are seeing at the moment is a supply and demand shock and how ...

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

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
Equity markets appeared to be immune several weeks after COVID-19 first made global headlines - it was known as "novel coronavirus" then - with the S&P 500 index and the S&P/ASX 200 index, among others, even hitting record highs. Even heavily-hit China's ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
... occasions, the Japanese economy was deemed strong enough to withstand an increase in tax on spending. On both occasions a recession ensued and kept inflation below target. As a result, the tax increase produced the opposite of the government's desired ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... from US$0.80 to below US$60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the ...

Coronavirus to infect Q2: Capital Group

ALLY SELBY  |  FRIDAY, 14 FEB 2020
... peak until at least March or April. "Most folk are assuming that we bounce back in the second quarter after basically a recession in the first quarter," he said. "The projections suggest, to me at least, that unless we've been extremely successful ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... prognosis for the US economy and the Fed's response is turning out to be. I've been among those pencilling in a recession when the US yield curve inverted around the middle of last year and believed that the Fed would need to cut interest rates ...

Asia is way forward for global economy: DWS

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
... world into other economies. "We think we have a slowing global economy this year, but it is one that is not going into recession," Taylor said. "So, in terms of the overall growth number it is roughly the same but with the developed market slightly slower ...