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Showing 421 - 430 of 1438 results for "Recession"

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
Inflation is dead! Bond markets celebrate! News headlines have picked up on the fall and fall in the yield offered by 10-year US Treasuries. The yield closed at 2.24% overnight, down from 2.26% the day before - the lowest since September 2017. But the ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... again prompted the US yield curve to invert. We all know, and backed-up by history, what this means... a looming US recession. The recession fears we had back in March this year is back. The yield curve turned positive after the Fed stressed that the ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... just as it did during the Asian currency crisis and LTCM (long term capital management) collapse in 1997/98, the US recession in 2001 and the Global Financial Crisis in 2008. Not only that, the Australian Prudential Regulations Authority's (APRA) ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... Asian currency crisis and the collapse of Long-Term Capital Management (LTCM) 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 resurgence in the domestic equity ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... 2020... if the bilateral tensions spiral into a full-blown global trade war, we would expect this to trigger a global recession. The Fed's forward guidance of steady rates until the end of the year has turned the slope of the yield curve (yield on ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
... adding: "if the bilateral tensions spiral into a full-blown global trade war, we would expect this to trigger a global recession." And that's only with the Sino-Yankee trade war. Recall Trump has put the Eurozone and Japan on notice. War - in any ...

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... troubles through these lenses. "So if you adopt a more positive view on the economic outlook.... Where we don't believe a recession is coming, we see more ongoing growth and a muddle through scenario," he expanded. "Then the focus is on cost control ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... Yes Virginia, you can be forgiven for scratching your head, for it was just a month ago that fears of an upcoming US recession was the spook du jour portended by the inversion of the US yield curve. Since then, the yield curve has become positive, the ...

Chief economist update: The Fed should act now

BENJAMIN ONG  |  FRIDAY, 29 MAR 2019
... different", such as the US yield curve. Or more specifically, the inversion of the US yield curve that predicted every US recession since 1955 (the earliest record I could find). The last two recessions were fresher in my memory when the 10Y-3M yield ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... I penned only three days before Woe to the world when the US yield curve first inverted. To wit: "But fears of a US recession that would take the world with it may be a bit premature. The inversion needs to be sustained for longer (not just a day)." ...