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

Search Results

Showing 41 - 50 of 159 results for "US recession"

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
... Asian currency crisis and the collapse of Long-Term Capital Management (LTCM) and Russian default in 1997/98; the US recession and the terrorists attacks on the US in 2001 and the global financial crisis in 2008. It's still too early to tell but ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... full impact of the Asian financial crisis and the collapse of LTCM (Long-Term Capital Management) in 1997 and the US recession in 2001. However, a shift in the RBA's stance from "the next move in interest rates is likely to be up" to "neutral" could ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... collapse in 1998) when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 terrorists' attacks by depreciating from US$0.65 to below US$0.50. It cushioned the Australian economy ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... Australia's been through even tougher challenges before - the Asian currency crisis in 1997, the dotcom crash in 2000, the US recession in 2001, the global financial crisis in 2008, to name a few. The economy continued to grow as it had been doing ...

Retirement planning gets a recession check

KANIKA SOOD  |  MONDAY, 29 OCT 2018
... market crash or an economic slowdown. In the past fortnight, a JPMorgan quantitative model predicted a 60% chance of a US recession in the next two years. In the days prior to this, J.P. Morgan Asset Management Australia's global market strategist ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... from US$0.80 to below US$60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
Given the US equity market's reaction to the latest US Federal Reserve missive, one would think that Wall Street is against strong(er) growth. All major benchmark indices - DJIA, S&P 500, Nasdaq and Russell 2000 - closed lower after the Fed announced ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... from US$0.80 to below US$0.60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... the Asian Crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
... the Asian Crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...