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Showing 391 - 400 of 1438 results for "Recession"

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... Keyne's prescription - to engage in expansionary fiscal policy to boost demand and, hopefully, avoid another global recession. "Help me get my feet back on the ground Won't you please, please help me."

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... year. This is the slow boiling of the frog. Contrast this with the "frog dropped in boiling water" during the Great Recession of 2007 to 2009 - when consumer confidence dropped sharply in the same 14-month period (from a high of 123.9 in May 2007 to ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" from turning into an even "Greater Recession" and lifted many world economies, central banks remain stuck in "abnormal" policy ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... to reduce interest rates by 50 basis points". As for the Prime Minister, he doesn't see Australia heading for a recession and that Australia is doing relatively well relative to other countries. He is correctamondo! Australia's June quarter growth ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... UK. As 'The Economist' magazine prints, "The impact on the British economy, which is already teetering near recession, could indeed be severe. The government's leaked "Operation Yellowhammer" analysis talks of possible shortages of fresh ...

Chief economist update: US yield curve pictorial

BENJAMIN ONG  |  WEDNESDAY, 28 AUG 2019
Worries over a US recession have waxed and waned over the past few months. Gentle readers would know that I subscribe to the yield curve that studies by the Federal Reserve Bank of Cleveland and New York prove to be the best predictor of a looming US ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... assumptions are becoming off-target - Australia and the world are now finding themselves facing real and present danger of a recession. To be fair, the Budget Papers were compiled before it was made public on April 2 this year - a month (May 5) before ...

Chief economist update: Jerome is in the Hole

BENJAMIN ONG  |  FRIDAY, 23 AUG 2019
... absence and Trump's demand for a 100 basis rate cut (plus QE) are likely to be filled... so are expectations of US recession. Powell could use his Jackson Hole speech to put the onus back on Trump and echo the Wall Street Journal's words: "Cut ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... economic or currency situations that trigger demand for long-term bonds", according to The Independent, before the US recession of 2001. Before the 'Great Recession' of 2008, 'El Maestro' Fed chief Alan Greenspan testified before the ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... heightened volatility in financial markets; the slowdown in global economic growth, led by rising expectations for a US recession (and perhaps, Germany); the trade war - US and China, Japan and South Korea; Brexit; political uncertainty (in Hong Kong ...