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Showing 381 - 390 of 1438 results for "Recession"

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... replaced Jean-Claude Trichet as ECB chief on 1 November 2011, the single currency region's economy was heading into a recession. Annual GDP sequentially slowed from a high of 2.8% in the March quarter of 2011 into a 1.2% contraction two year later ...

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
... steepening in the US yield curve, so much so that it's no longer inverted, and with it, the probability of a US recession (a year from now) had dropped from a 12-year high - that signalled the 2007-2009 recession - of 37.9% to 34.8%. The recent weakening ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... Sterling's weakness is providing support to the UK economy. Case in point, concerns that the UK economy will slip into a recession in the third quarter have been eased by stronger-than-expected monthly GDP growth figures. The report shows that after ...

Poor market conditions weigh on Perpetual, Pendal

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... share market recently suffered a $74 billion dollar blow over the course of two days at the start of October over global recession fears, but has since recovered.

One in three chance of global recession: Aviva

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
Aviva Investors has warned of a one in three chance of a global recession next year, saying the trade and manufacturing sector is already at recessionary levels. The global asset manager outlines in its report that it expects global growth to remain ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... consumption tax in 1989 reduced the government debt to GDP ratio from 66.9% in 1989 to 64.3% the following year, the ensuing recession (which gave birth to the term Japan's lost decade) sent the ratio up to 107.7% in 1997 (when the tax was raised ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
... world (hasn't it already?) The BIS reviewed these unconventional tools employed by central banks since the Great Recession of 2008, with the Australian Financial Review reporting: "Negative interest rates, central bank lending to commercial banks ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
"Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... market. As a result, the S&P/ASX 200 index rallied by 0.8% on that day... only to drop by 1.5% the following day, as US recession fears came back to the fore. This time, sparked by reports that the US Institute of Supply Management (ISM) manufacturing ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... To paraphrase the bible, what good does it profit Australia if it gains a budget surplus but sinks the economy into a recession?