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Showing 31 - 40 of 44 results for "Gov Glenn"

Another cut's in the mail?

BENJAMIN ONG  |  TUESDAY, 24 MAR 2015
... 5,936.3 points at the end of last week's trade. A go-slow Fed would reduce the risk of derailing the US recovery. As RBA Gov Glenn remarked in his speech before the American Chamber of Commerce in Australia last Friday, "...a healthy US economy should ...

Majority slammed (again), equities dunked, A$ fouled

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2015
... do is... and slam!" - Kevin Bacon in the 1994 film "The Air Up There"...and slam is what the majority again got from Gov Glenn yesterday when the RBA "judged that, having eased monetary policy at the previous meeting, it was appropriate to hold interest ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... pressure it down. The RBA does not want this and could want to pre-empt this with another interest rate cut. After all, Gov Glenn would not like Australia to be the one beggared by its neighbours. No central banker does... and that's the currency war ...

Majority wrong

BENJAMIN ONG  |  WEDNESDAY, 4 FEB 2015
... majority - the other 23 (errr, 24 if you include moi) -dismal scientists get it wrong? Me and my 'Taylor Rule'... pffft. "Gov Glenn did it to mess with your forecast", one of my gentle readers, Licerio Lagasca, told me when he rang to discuss the RBA ...

Taylor rules the RBA just right

BENJAMIN ONG  |  TUESDAY, 3 FEB 2015
... rational. A cut would stimulate already expensive property prices; it would do little to bring back "animal spirits" as Gov Glenn said so himself, "I've allowed the horse to come to the water with cheap funding. I can't make it drink." More water could ...

Happy Australian dollar Day

BENJAMIN ONG  |  TUESDAY, 27 JAN 2015
... since last year's peak of 72.5 to 65.3. The financial press and bloggeristas put this down to increased expectations Gov Glenn would announce an interest rate cut at the RBA's very first meeting for 2015 on 3 February. The chance of this happening has ...

Australia according to Gov Glenn

BENJAMIN ONG  |  FRIDAY, 12 DEC 2014
... for your early Christmas present - the gift of sharing. In what has now become a "tradition," we learned from the AFR Gov Glenn's thoughts on: The international economy: "The Chinese economy... is looking like it's going to deliver the sort of outcomes ...

Conditions and confidence collide

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2014
... the prettiest of 'em all - one that suggests that the non-mining sector of the economy is drinking or about to drink Gov Glenn's water - the capital expenditure index went up by 4 to a reading of 9 in October (well over its long-run average of 5) "which ...

Rejoice for the A$ has fallen

BENJAMIN ONG  |  THURSDAY, 6 NOV 2014
... dollar-A fetching only 66 cents of the USA's currency (though it won't be until 2015 as Adam's crystal ball predicts). Gov Glenn must be smiling (recall that he wants the A$ to be closer to US$0.85), he's finally getting his wish sans lowering interest ...

100% steady on the RBA

BENJAMIN ONG  |  TUESDAY, 4 NOV 2014
... horses. That's a 4.3% chance to win. Think I'll take my chances with the RBA instead, where the odds are almost 100% that Gov Glenn would maintain the status quo on monetary policy and keep the official cash rate steady at 2.5%. The big picture shows ...