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Showing 681 - 690 of 2566 results for "Economist"

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
Daily reports of the rising number infections and fatalities from COVID-19 are matched only by tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... different, as there are currently no signs the market is set to steady. However, Shane Oliver, AMP Capital's chief economist said the crash we are currently experiencing is not just due to COVID-19. Over-valuation in the market has played a part. ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
Wall Street and most other equity markets welcomed reports that the White House and the US Senate have finally reached a deal to unleash a stimulus package worth around US$2 trillion. "Highlights include: $250B in direct payments to Americans; $367B ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
"Australia is following in the COVID-19 footsteps of the UK and experts are warning the floodgates are likely to open soon." This statement -- printed by the Australian Financial Review - talked about the rising number of infections in the UK and how ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
Think your 30-50% year-to-date loss in your equity portfolio is bad? Just wait until all buyers disappear, consumed by a tiny speck of micro-organism. Remember Murphy's Law? "Anything that can go wrong will go wrong". Monetary and Keynesian stimulus ...

Chief economist update: What happens in China...

BENJAMIN ONG  |  MONDAY, 23 MAR 2020
Slowly but surely, the wheels of industry - even social life itself - are grinding to a halt. If not for the invention of the internet and various apps, there wouldn't be any commerce or even virtual social interaction that would be taking place ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
"Whatever it takes and for however long it takes!" This is the collective battle cry of governments and central banks the world over as they try to calm nerves and get ahead of the coronavirus that's paralysed economic activity. Fiscal and monetary ...

Chief economist update: Water, water everywhere and not a fish to catch

BENJAMIN ONG  |  THURSDAY, 19 MAR 2020
The entire Ong household is now working from home. I still have two adult "babies" living at home but I'm not complaining, they pay rent and help with the household chores - home-made freshly-cooked dinners are gratis. We're one of the lucky ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
"If you don't have anything nice to say, don't say anything at all." This quote, attributed to Alice Roosevelt Longworth - daughter of former US President Teddy Roosevelt - had me struggling on whether or not to submit my daily rant for today. ...