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Showing 21 - 30 of 34 results for "Uncle Ben"

If not now, when?

BENJAMIN ONG  |  FRIDAY, 3 AUG 2012
... 49.7 in the previous month, the US ISM manufacturing index remained under the 50 expansion/contraction line. Perhaps Uncle Ben's also waiting for tomorrow's non-farm payrolls report before shouting "action!" Financial markets expected a plus 100K print ...

Playing with a loaded dice

BENJAMIN ONG  |  THURSDAY, 26 JUL 2012
... failed to mention to no one that a renewed slump in the US housing market just adds another point to those expecting Uncle Ben to say those magic letters - Q and E. This didn't make the headlines but, there's also the brewing "food fight". Bloomberg ...

Bad news? Where?

BENJAMIN ONG  |  FRIDAY, 20 JUL 2012
... stats - jobless claims, index of leading indicators, Philadelphia Fed index and existing home sales. They just bring Uncle Ben closer to "if it becomes necessary" time. And if this current bout of market optimism prevails, it won't become necessary as ...

The twain could not meet

BENJAMIN ONG  |  THURSDAY, 19 JUL 2012
... projected to report a 2.1 percent decrease in earnings." The economy is slowing, not expanding. And yes again Virginia. Uncle Ben repeated his reiteration last night that, "The US economy has continued to recover, but economic activity appears to have ...

Much ado, no do

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2012
Move on people, get going, nothing to see here. Wall Street went home happy last night despite Uncle Ben's much-anticipated semi-annual testimony before the US Senate's Committee on Banking, Housing, and Urban Affairs being a non-event - a maintenance ...

Not ugly enough

BENJAMIN ONG  |  MONDAY, 9 JUL 2012
... 8.1% in April. So here we go again folks -- another reason to keep our heads down... or an added incentive for dear Uncle Ben to start blabbing about QE. Financial markets are certainly hoping so, else they would have dropped by more. But not so fast! ...

Fed twists again like it did last summer

BENJAMIN ONG  |  THURSDAY, 21 JUN 2012
... They don't need to be juiced. Case in point, since peaking on the 2nd of April, the S&P 500 has dropped by a mere 4.5%. Uncle Ben announced QE2 in 2010 after the S&P dropped by around 15% between April and August of that year. Last year's 17% drop in ...

Uncle Ben to the rescue

BENJAMIN ONG  |  WEDNESDAY, 20 JUN 2012
... rates low until... perhaps, eternity. But the main issue is not the form or shape of the stimulus but whether or not Uncle Ben actually delivers. I think it will. While ex-US Treasury secretary Henry Paulson thinks that the European sovereign debt crisis ...

Pop goes the QE

BENJAMIN ONG  |  FRIDAY, 8 JUN 2012
... Party pooper. Spoilsport. Booo! One can almost taste - yes, taste - the financial markets' disappointment when dear Uncle Ben came and spoke with not even a hint that those beloved letters Q and E are in the offing. Not even a wink, wink, nudge, nudge. ...

Waiting to exhale

BENJAMIN ONG  |  TUESDAY, 10 AUG 2010
Look ma, Uncle Ben's coming bearing more funny money tomorrow! More free money whoopee! Wall Street rose last night salivating over expectations that tonight's meeting of the Federal Open Market Committee (FOMC) would conclude with a kinder surprise ...