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Showing 411 - 420 of 1438 results for "Recession"

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... conditions and outlook, not on global circumstances. But as the inverted US yield curve forewarns, America would be in recession 12-18 months from today. This outlook explains why despite low to very low cash rates, the latest Bank of America Merrill ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... the Asian crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... basis the domestic economy's outlook fares relatively better than the US (yield curve inversion predicts a coming recession); the low growth economies of the Eurozone and Japan and though it's at par with UK growth, there's still the lingering ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... because the global slowdown is beginning to hit closer to home, with the inverted US yield curve predicting a looming recession. This has been underscored by the latest disappointing US employment report - up by 75,000 in May, sharply lower than the ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... January 2019, and the rise and rise in crude oil prices come as no surprise. Escalation of trade tensions, fears of a US recession and increased oil supply concerns sent crude oil into a bear market. WTI oil has fallen by 22.2% to US$51.57/barrel from ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... my next-door neighbour would be pleased at being proved correct for he has been telling me Australia is heading for a recession... every year, for 10 years. A report by the ABC shows AMP chief economist Shane Oliver backs him up: "So we see a higher ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... ongoing/escalating trade war and its negative impact on already slowing global growth, and the rising likelihood of a US recession (as indicated by the inverted yield curve) make this a real possibility. Governor Philip Lowe's statement after the ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... of the Asian currency crisis and the collapse of Long-Term Capital Management and Russian default in 1997/98; the US recession and the terrorists' attacks on the US in 2001 and the global financial crisis in 2008. The decline in US interest rate ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... his admonitions to the Fed to cut interest rates were correct all along, their hefty prices to pay for the looming US recession. The yield differential between the yield on US 10-year Treasuries and 3-month US bills - the best predictor of US recessions ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
... you ram down people's throats?" Parker said that while the global and local economy might not be in danger of imminent recession, he is observing signs of the later stages of economic growth and argued that in this environment alternative assets are ...