Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 111 results for "Factset"

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... you, Virginia, and you'll see governments and central banks handing out cash like never before. The latest news from Factset is: "Fed announced flurry of measures to improve market liquidity. QE now open-ended after Fed has previously committed to ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... their disposal to try to prevent the certainty of a global recession from turning into a global depression. According to Factset : "A Reuters poll of 40 economists showed a median 80% chance of recession this year, the highest level on record, up 50bps ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... latest Markit Economics JP Morgan Global PMI has taken in February. Sorry, but that's all the data I have available on Factset. But according to JP Morgan, the index dropped form 52.2 in January to 46.1 in February: "Its lowest level since May 2009. ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... raised to 50% of stock of eligible loans. In addition, ECB banking supervision allowed banks to lower capital ratios... (Factset). The Bank of Japan (BOJ) is expected to follow its brethren when its Board meets next. Then there's the People's ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... not only weeding out the semi-believers but it's also reduced the level of overvaluation in the US equity market. Factset data shows that the S&P 500's forward P/E ratio has fallen to 17.6 times earnings from a record high of 19.1 times and closer ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... Fed's take on "weak exports", consumer optimism and spending would, in time, drive business investment higher. Already, Factset reports that the National Federation of Independent Businesses (NFIB) optimism index improved in January 2020 and is "in ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
... the uncertainty that has plagued the global economy for the past 18 months. Then again, it may not be smooth sailing. As Factset reports: "A late afternoon report noted China has not agreed to additional tariff reductions or eliminations as part of deal. ...

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
What's a central bank to do if after so many years of policy accommodation it still couldn't hit its target? Move the goalpost, of course. The US Federal Reserve has cut interest rates three times (by 75 basis points) last year from 2.5% to ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
"Christmas, Christmas time is near, Time for toys and time for cheer..." - Alvin & the Chipmunks I can almost hear those little chipmunk voices singing this Christmas song as I browsed through last week's news of good tidings... and they came in ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... of S&P 500 companies have reported a positive revenue surprise." A good result but... a result of managed expectations? Factset notes that: "For Q3 2019, the blended earnings decline for the S&P 500 is -2.3%. If -2.3% is the actual decline for the quarter ...