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Showing 31 - 40 of 3658 results for "Wall Street"

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... called the USA. Thank you very much." - Gordon Gekko "Greed is good". That was the central message of the 1987 film Wall Street - released in December of the same year, shortly after the 1987 crash. Greed by any other name... Nowadays, TINA (there is ...

Chief economist update: The virus, the vaccine and Trump

BENJAMIN ONG  |  MONDAY, 23 NOV 2020
... depending on which side of the bed financial market participants get up on on the day. Get up on the wrong side and Wall Street traders and speculators and investors would prefer to have stayed in bed. You would too reading, listening, and digesting ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
... restrictions, and people may begin to lose confidence that it's safe to go out."...and they have. According to the Wall Street Journal: "States are slapping new restrictions on daily life amid a resurgence of the coronavirus that some officials say ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... measures were implemented in the spring. Given the strong rebound in the US economy in the third quarter, why does Wall Street even care whether a stimulus deal is signed today, tomorrow or never? The short answer is the US Federal Reserve remains unconvinced. ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... readings indicating expansion for four months running after hitting 11-year lows back in April this year. So why is Wall Street jumping up and down and going round and round on news of progress or otherwise on stimulus talks? More to the point, why the ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... Goldman Sachs was number one, having paid US$3.97 billion in relation to settlement charges in Malaysia against the Wall Street bank for its role in helping to raise hundreds of millions for a sovereign wealth fund that was used as a personal piggy bank. ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... in the latter two. Trian Funds Management revealed the positions in SEC 13D filings on Friday and first reported by Wall Street Journal. The firm was founded in 2005 by Nelson Peltz, Ed Garden and Peter May. It is also invested in Lazard, BNY Mellon ...

Investors will be forced into equities: DeepData Analytics

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... markets have seen wild swings of volatility, including the US S&P500 which saw the shortest bear market on record as Wall Street reacted to the outbreak of COVID-19. Since March lows, markets have rebounded to pre-COVID levels as central banks and governments ...

Take your CAPE ratio with a grain of salt

ALLY SELBY  |  MONDAY, 17 AUG 2020
... from June 1997 until August 2001 (the tech boom and bust), and at the end of 2017 until October 2018 - after which Wall Street posted its worst yearly performance since the Global Financial Crisis. And while the CAPE ratio is not 'the be all and ...