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Showing 31 - 40 of 171 results for "US recession"

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: 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 ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
... someday." What more, now that Trump's facing re-election for a second term at the same time predictions that a US recession is coming are multiplying. If only Trump had the "dictatorial" and "unquestioned" powers of Xi. @realDonaldTrump's latest ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... be in recession a year or so from now. There I called it! But at the same time, I'm hoping that I'm wrong. US recession fears - resulting from the negative spread between the yield on 10-year and two-year US Treasuries - of the past week have ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... slowdown would morph into a recession. This is underscored by the deepening inversion in the US yield curve, presaging a US recession in 12-18 months' time. The yield differential between the US 10-year Treasury bond had been negative since May this ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... in the late 1990s 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 domestic economy during the global financial ...

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: 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 ...