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Showing 51 - 60 of 83 results for "Uncle Sam"

Smackdown

BENJAMIN ONG  |  WEDNESDAY, 29 FEB 2012
... - against 93.4 in the previous month and expectations for a reading of 94. To be sure, the continued improvement in Uncle Sam's fortunes is also helping. The latest update from the Conference Board's consumer confidence index is the latest addition to ...

Thrilla in Australia

BENJAMIN ONG  |  FRIDAY, 24 FEB 2012
... 355,000. And if this is still no good for you Virginia, know that those who are still in jobless queue can count on Uncle Sam's "just extended" largesse. MarketWatch reports that "President Barack Obama signed a bill into law on Wednesday that extends ...

The light, the light

BENJAMIN ONG  |  MONDAY, 6 FEB 2012
... the world's biggest economy is gaining momentum. Wall Street opened strong and never looked back after learning that Uncle Sam's country has added 243,000 jobs in January - the most in nine months - following an upwardly revised 203K addition in December ...

Find me that silver bullet

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2011
... 14.3% in 2009 and the median household income dropped by 2.3%. Wait till they read the Reuters report that around 82% of Uncle Sam's children plan to spend less this holiday season compared with last year. Is it any wonder then that end of 2011 targets ...

Goodbye or good buy?

BENJAMIN ONG  |  TUESDAY, 9 AUG 2011
... S&P's warning that USA would be harder to put to repay its debt obligations? But no, they're still willing to lend to Uncle Sam and at lower interest rates at that. This in itself improves equity valuations - not to mention the 17.3% discount the S&P ...

It's a deal

BENJAMIN ONG  |  MONDAY, 1 AUG 2011
... (Bloomberg) - echoing Standard & Poor's statement issued days before. Yes, they were the same ones warning about giving Uncle Sam the snip just two weeks ago. They changed their tune perhaps because the US bond market was not with them - it was against ...

No way USA can't repay

BENJAMIN ONG  |  TUESDAY, 26 JUL 2011
... four basis points! What? The US is facing a shutdown and, apart from a very few, investors are still holding onto their Uncle Sam IOUs? Tells you a lot, doesn't it? It tells you that no one really believes the USA will no longer be AAA because it cannot ...

They will deal

BENJAMIN ONG  |  THURSDAY, 21 JUL 2011
... 61 firms reporting higher earnings than market estimates. Then again, all the profits in the world wouldn't matter if Uncle Sam is unable to service its debt. In a letter to US Treasury Secretary Timothy Geithner, Matthew E. Zames -- JPMorgan Chase managing ...

Big Benny and little Greece

BENJAMIN ONG  |  FRIDAY, 24 JUN 2011
... insolvency and a default by Athens could trigger defaults by Portugal, Ireland and possibly Spain." We already know that Uncle Sam's economy has slowed and that less than a week from now its bye-bye US$600 billion QE2. Big Benny reminded us just yesterday ...

U-G-L-Y

BENJAMIN ONG  |  MONDAY, 6 JUN 2011
... I don't subscribe to this. The simple way to look at this is to imagine what would have happened had they not. Sure, Uncle Sam's country would not be drowning in debt as it is now, but the current unemployment rate of 9.1 per cent would be economic paradise ...