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Showing 41 - 47 of 47 results for "US President Barack Obama"

Baracking for the US

BENJAMIN ONG  |  THURSDAY, 26 FEB 2009
... rebuild, we will recover, and the United States of America will emerge stronger than before." While US President Barack Obama's words garnered applause and a standing ovation from both Democrats and the Republicans in the US Congress, Wall Street gave ...

Riccardian equivalence redux

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2009
US President Barack Obama is bringing David Riccardo back from the dead. When the US unveiled its first bailout acronym - TARP -- for the financial sector TARP - last year, I wrote about a theory taught us budding economists called the 'Riccardian equivalence.' ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these words right after he signed the US$787 billion American Recovery and Reinvestment Act (ARRA) last week. His ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
Yes we can! And again, Yes we can! In trying to make this slogan come true, US President Barack Obama has taken the concept of moral hazard from Wall Street to Main Street. Just one day after he signed his autograph on a piece of paper turning the US$787 ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... government's latest fiscal dole-outs. Wall Street sat on the fence overnight as investors await the approval of US President Barack Obama's proposed stimulus package. The Senate is scheduled to vote on the legislation tomorrow morning (Australian time). ...

Oil up, equities down: Feng Shui Index

MICHAEL HOBBS  |  TUESDAY, 27 JAN 2009
Global equity markets will remain volatile, the cost of oil will rise and US President Barack Obama's popularity will wane are just a few predictions from this year's CLSA Feng Shui Index. Asian investment and brokerage group CLSA's Feng Shui Index ...
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