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Showing 361 - 370 of 640 results for "Trump"

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... tariffs on an additional US$16 billion worth of imports from China that would certainly be matched by Beijing, spurring Trump to make good on his threat to tax another US$500 billion worth of Chinese imports. To put this in perspective, US$500 billion ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... of trade tensions emanating from the US. The higher US dollar goes, the more pressure on the US trade deficit, the more Trump tries to drain that swamp. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked as ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
Houston, we're on target. The US Income and Outlays account released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... monetary policies and by extension, capital expenditure and financial markets. It's more crucial now because of Donald Trump. Recall his statement back in December 2017, "So we're at 3.3% GDP. I see no reason why we don't go to 4%, 5%, and ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
The Shanghai Composite index's drop into bear market territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
What happens when an unstoppable force meets an immovable object? If we're talking about the US and China, it appears that the answer is that the immovable object (China) drops. China's Shanghai Composite index dropped to 2844.51 points from ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... (or is it because of the markets' relatively sanguine reaction that media is calling it as such?). With US president Trump front and centre of the issue, it's anybody's guess. But the fact is it's already worrying the world's biggest ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
When Fed chief Jerome Powell tried to explain the US yield curve's flattening as a function of rising short rates because of the rate hikes (and expectations for more) and a smaller lift in the long-term yields because of safe-haven buying, I questioned ...

Chief economist update: Trade war and peace

BENJAMIN ONG  |  MONDAY, 18 JUN 2018
... Dickens was describing US President Donald Trump's mind. Just look at the events of the past week which started with Trump revoking his endorsement of the agreed upon G7 communique (hours before) at the meeting held in Quebec, Canada. There's ...