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Showing 31 - 40 of 63 results for "Biden"

Chief economist update: No fear

BENJAMIN ONG  |  MONDAY, 12 APR 2021
... transitory while at the same time emphasising their commitment towards providing stimulative monetary policies. Add to this, the Biden administration's US$1.9 trillion stimulus (and reportedly another US$4 trillion more to come) and it's not ...

S&P rejigs index as BlackRock ETF grows

KANIKA SOOD  |  THURSDAY, 8 APR 2021
... March 10, called the VanEck Vectors Global Clean Energy ETF (ASX: CLNE) as it saw investor interest from US President Joe Biden's infrastructure package. CLNE was only $25 million in total assets as of yesterday. Given the smaller size of the ETF, VanEck ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
Activity in China's manufacturing and non-manufacturing sectors returned with a vengeance after a brief pause during the country's Lunar New Year holidays. National Bureau of Statistics (NBS) data show that China's manufacturing PMI rebounded ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... Federal Reserve emergency aid programs, sparking unusual rebuke from Fed". But I digress. With Powell and Yellen's (and Biden) flooding America's economic and financial system with liquidity, there is no doubt that the tide of economic growth ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
Ho-hum. So much for speculations over the Fed's thoughts and actions, Powell and Co. did what financial markets expected - nothing - at their 16-17 March FOMC meeting. "The Committee decided to keep the target range for the federal funds rate at ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... received the biggest upgrade from the OECD - 3.3 percentage points to 6.5% this year - but this owes a great deal to the Biden administration throwing not only the kitchen sink but the entire kitchen - US$1.9 trillion coronavirus relief package. This ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
The year 2021 is shaping up to be a mirror image of the year that preceded it - annus horribilis 2020 - when economic growth forecasts were being sliced as the coronavirus epidemic that started in China turned into a pandemic of biblical proportions. ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... the coronavirus-induced recession. In the meantime, however, the US$1.9 trillion stimulus plan proposed by President Joe Biden in February will have a critical role to play. Spence told Financial Standard 's annual Chief Economists Forum via video link ...

VanEck readies new ETF

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
... structural shift that has the potential to transform industries, society and the world." Newly elected US president Joe Biden recently turned the spotlight on the Paris climate agreement, to which the US has re-committed. Biden has promised to spend ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...