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Showing 41 - 50 of 3675 results for "Wall Street"

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG | WEDNESDAY, 24 FEB 2021

Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

Chief economist update: Amber alert

BENJAMIN ONG | WEDNESDAY, 17 FEB 2021

... 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 higher to new highs. The S&P ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG | TUESDAY, 16 FEB 2021

... lingering uncertainty provides fodder for a bearish narrative for the year 2021. Yet, equity markets are rallying. Wall Street continues to register fresh highs, pulling up 'the others' along with it, powered by fiscal and monetary policy largesse... ...

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

BENJAMIN ONG | MONDAY, 8 FEB 2021

... supporting the economy, giving the economy the support it needs," he said. There will always be pockets of profit-taking on Wall Street but the road to the end of 2021 is looking up, paved by the imperatives of fiscal and monetary policies.

Bezos steps down at Amazon

JAMIE WILLIAMSON, ELIZA BAVIN | WEDNESDAY, 3 FEB 2021

... listening device. After completing his degree in electrical engineering and computer science, Bezos worked for several Wall Street companies. He left his job at global investment company D.E. Shaw to launch the online retail business. He turned the business ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG | MONDAY, 1 FEB 2021

... level relative to the current long-term trend level is 54%, a value never exceeded in the recent past since 2002." Wall Street could continue rising. As Capital Economics noted in its latest report: "Despite their rapid rise since the start of November ...

Morningstar introduces new platform

KARREN VERGARA | FRIDAY, 15 JAN 2021

... commodities and fixed income. Users have access to news feeds from Dow Jones Newswires, including select content from The Wall Street Journal, Barron's and MarketWatch. Morningstar head of retail investing products and solutions Scott Burns said ...

Chief economist update: No pandemic on Wall Street

BENJAMIN ONG | MONDAY, 11 JAN 2021

Pandemic? What pandemic? The S&P500 index the Dow Jones Industrial Average closed 2020 at record highs despite the US topping the list of countries with most total cases of coronavirus infections (21.3 million or roughly 25% of the world's total) ...

Chief economist update: Greed is good

BENJAMIN ONG | MONDAY, 7 DEC 2020

... called the USA. Thank you very much." - Gordon Gekko "Greed is good". That was the central message of the 1987 film Wall Street - released in December of the same year, shortly after the 1987 crash. Greed by any other name... Nowadays, TINA (there is ...

Chief economist update: The virus, the vaccine and Trump

BENJAMIN ONG | MONDAY, 23 NOV 2020

... depending on which side of the bed financial market participants get up on on the day. Get up on the wrong side and Wall Street traders and speculators and investors would prefer to have stayed in bed. You would too reading, listening, and digesting ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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