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Showing 41 - 50 of 63 results for "Biden"

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...

Aussie super funds and Biden's US infra push

KARREN VERGARA  |  FRIDAY, 12 FEB 2021
The Biden administration is putting a $3 trillion infrastructure investment opportunity on the table, which superannuation funds should seize. This is according to Australia's ambassador to the US Arthur Sinodinos, who flagged that the largest capital ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of course to Madame ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... of employment in America couldn't have come at a more opportune time - the time when fresh president of the US, Joe Biden, is bidding the Congress to pass his US$1.9 trillion stimulus package. The BLS reports that the economy added 49,000 jobs in ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
... US economy is advancing and rising from the recession borne of the COVID-19 pandemic. The US Federal Reserve and now the Biden administration's, actions and pledges to underwrite continued strengthening in consumer and business activity through fiscal ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
The inauguration of Joe Biden as the US's 46th president and his almost immediate buckling down to work garnered much of the media's attention last week. Hours after he was sworn in, Biden signed 17 executive orders, memorandums and proclamations ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... Joggin' Joe hits the ground running. Not soon after he was sworn in as the 46th President of the United States of America, Joe Biden rolled up his sleeves and went to work. Hours after his inauguration, Biden signed 17 executive orders, memorandums ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
With only a matter of days until US President-elect Joe Biden takes office, there are a number of notable finance industry veterans nominated to help his administration lead the nation. The first, and most notable in the economics world is Janet Yellen ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... risks remain. Recall that this time last year, the world was applauding the US-China trade deal. Trump's now gone and Biden could begin repairing Sino-Yankee relations. But Australia has graduated from being caught in the US-China spat crossfire ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG  |  MONDAY, 11 JAN 2021
... implies that the number of states reimposing restrictions to limit infections would continue to expand. More so, after Joe Biden becomes the 46th POTUS on January 20. Biden's already announced that he will ask Americans to commit 100 days of wearing ...