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Showing 21 - 26 of 26 results for "Thrift"

Not a happy EOFYS on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2009
... Now for the doubling of delinquencies on prime mortgages. The Office of the Comptroller of the Currency and the Office of Thrift Supervision - what a mouthful - reported that US prime mortgages 60 days or more overdue rose to 2.9 per cent through March ...

Black or white - just beat it

BENJAMIN ONG  |  MONDAY, 29 JUN 2009
... Street is willing Americans to spend and ditch savings. The answer. We are living under what JM Keynes the 'Paradox of Thrift'. Simply stated, if every person increases their savings in times of recession, aggregate demand will fall, company sales and ...

Thrift is the new cool: K2

MICHELLE BALTAZAR  |  TUESDAY, 12 MAY 2009
From high-speed railway to high-tech alarms, fund manager K2 Asset Management banks on stocks that will flourish in the face of a global recession. Nick Griffin, the group's head of international strategy, said that investors should tap into mega-trends ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
... economy overall as it needs money to churn to keep production activity going. In the field, this is known as the 'paradox of thrift' theorised by John Maynard Keynes (for a man who's been dead for more than 60 years, he is getting a lot of coverage these ...

TARP or TRAP?

BENJAMIN ONG  |  THURSDAY, 25 SEP 2008
The Financial Standard Intelligence Unit yesterday outlined two extreme scenarios - a positive and a negative -- that could arise as a consequence of the US Congress' passing the US Treasury/Federal Reserve's 'mother of all bail-outs' package. Last ...

Clinton plans pension system overhaul

CHRIS NICHOLLS  |  FRIDAY, 12 OCT 2007
... eligible for the new tax-benefits. Accounts can also be opened through a publicly managed clearinghouse similar to the Thrift Savings Plan used by members of Congress. Employees will only be able to withdraw penalty-free for major investments such as ...
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