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Showing 51 - 60 of 586 results for "Virginia"

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
... me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September 2002. Yes Virginia, it was the stuff that brought "Bushism" into our collective consciousness. Of course, we all know what George W. was on about ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... $113,404m. This is 10.7% higher than Estimate 3 for 2018-19. Estimate 3 is 14.9% higher than Estimate 2 for 2019-20." Yes Virginia, Australian businesses have upped their capital spending plans in the face of multiplying challenges - trade war, global ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going with this. Brexit - the "no-deal" variety - is all but assured. UK Prime Minister Boris Johnson's ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... economic dynamics persist, the Great Recession of 2008 would be "Happy Days" in comparison. You don't believe me, Virginia? Just look at the 10-year bond yield offerings in most markets around the planet. They are now lower than the lows hit during ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... psychological threshold of CNY7.0/US$1) highlights just how determined the US president is to win the trade war. Yes Virginia, China's officially a "currency manipulator" in America's eyes - not when it was intervening to keep the yuan from depreciating ...

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... Korea - both countries removing each other from their respective trade "white list" (preferred list of exporters). Yes Virginia, Trump has managed to turn close neighbours against each other. Trump must have read General George Patton's words: "The ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... with not one, not two but three more rate reductions - two this year to 0.75% and one by June next year to 0.5%. Yes Virginia, you, I and Irene would dump the A$ too given these expectations. But just as we've proven the markets and "expert economists" ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
"The heat is on, the heat is on, the heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... year to the March quarter - the same annual rate of growth recorded in the September and December quarters of 2018. Yes, Virginia - wage growth would have been weaker if not for the "regularly scheduled wage rises." Nothing organic! Private sector wages ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... profits and lending capacity without doing much to boost the economy", as published in the Australian Financial Review. Yes Virginia, they're looking out for number one (politicking?), of course. I trust the RBA enough not to give in to vested interests ...