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Showing 41 - 50 of 56 results for "OMG"

Watching the A$ watch the Fed

BENJAMIN ONG  |  MONDAY, 20 SEP 2010
... means that the Australian dollar should be trading at around US$0.6843 against the greenback instead of the current US$0.9374. OMG! Bloomberg quoted several currency strategists to prove its point. Reasons ranged from the re-instatement (in one form ...

Waiting to exhale

BENJAMIN ONG  |  TUESDAY, 10 AUG 2010
... been factored into prices and two -- because it would confirm the "double-dip" scenario that the bears have been flogging. "OMG, the Fed is easing again, we're in trouble!" would be the rallying cry as equity markets head lower. It is also likely that ...

EOFYS

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2010
... because of a calculation error. The revised number is a big drop from the 1.2 per cent recorded in March. Interpretation? OMG China is slowing. Who'll steer the global economy into sustainable recovery now? OMG my butt! But isn't this what financial ...

Moody's cries boo

BENJAMIN ONG  |  TUESDAY, 15 JUN 2010
... Greece is junk! But no! No! Bloomberg reports that the Dow erased its triple-digit gains overnight when Moody's cried boo. OMG! If we're dealing with a market that reacts this way, then it really has no business taking our money. Even if we take for ...

Turning Bear

BENJAMIN ONG  |  TUESDAY, 8 JUN 2010
... body is slowly being covered with fur, what used to be hooves are now claws and I am getting an unusual craving for honey. OMG! I think I'm turning into a bear! No, not because of last week's US non-farm payrolls report nor news that Hungary is following ...

US consumers to the rescue

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2010
... LIBOR rate rising for the 11th consecutive day to its highest level since July last year. Another ghost dug up by the bears. OMG! Liquidity is beginning to dry up again! Sure, sure. The LIBOR rate the bears refer to is now at 0.54 per cent, up from 0.17 ...

Land of the free money

BENJAMIN ONG  |  WEDNESDAY, 17 MAR 2010
... inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period." OMG! They really are the same! The FOMC also confirmed that it would stop buying mortgage-backed securities and agency debt by the ...

Sentiment stirs bad mood

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2010
OMG! We're in big trouble now - very...big...trouble. Didn't I tell you Virginia? Financial markets see what they want to see and hear what they want to hear? The Dow dropped by more than 100 points -- it's about one per cent in percentage terms but ...

Vote of confidence

BENJAMIN ONG  |  TUESDAY, 29 SEP 2009
... December...a done deal! And one year from now, financial markets expect the 3 per cent "emergency" level to become 4.75 per cent. OMG! OMG! OMG! Some commentators blamed this for the dip in the Australian equity market yesterday. Ahh yes, of course ...

Add £50b, will travel

BENJAMIN ONG  |  FRIDAY, 7 AUG 2009