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Showing 51 - 60 of 458 results for %22Yes Virginia%22

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... the Reserve Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on record that the next move in interest rates will be up but financial markets don't ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... Korea's Kim Jung-on or China's President Xi Jinpeng really thinks. Include the heads of states of Iran, Mexico and Canada. Yes, Virginia, Trump is the one that's calling the shots and playing the tune. This is exemplified by the equity markets ...

Chief economist update: The art of the deal exemplified

BENJAMIN ONG  |  FRIDAY, 9 MAR 2018
... said, and allies could be excluded if they can demonstrate how the tariffs would damage their national security." Yes Virginia, it's the divide and conquer rule! This is because instead of ganging up on America, every other country would be down on their ...

Chief economist update: Trump spoils for war

BENJAMIN ONG  |  FRIDAY, 2 MAR 2018
... "sometime next week, we'll be signing" the imposition of a 25% tariff on steel imports and 10% for imports of aluminium. Yes Virginia, it's an excuse to sell. For in the words of that other Donald - Donald Rumsfeld - it's a known known. Before he was ...

Chief economist update: Bad news is good news returns?

BENJAMIN ONG  |  THURSDAY, 15 FEB 2018
... by 0.5% in the month of January following an UP-wardly revised 0.2% from 0.1%) increase in the previous month. So yes Virginia, inflation in the US is gathering steam. Wall Street should have done a triple somersault dive especially given that this result ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... ocean. Suddenly I don't need the answers. Cause I, I'm ready to take all my chances with you." - Olivia Newton-John Oh yes Virginia, the wheels are surely in motion...suddenly. The Dow and the S&P 500 are now officially in a technical correction - down ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... days since Brexit" (Business Insider) "Stocks Tumble, Bonds No Haven as Selloff Worsens: Markets Wrap" (Bloomberg) Yes Virginia, the US stock market had tumbled, sold off and crushed overnight. The final tally showed the S&P 500 index down 1.1%; the ...

Happier New Year

BENJAMIN ONG  |  MONDAY, 8 JAN 2018
... red roses too I see them bloom for me and you And I think to myself what a wonderful world..." -- Louis Armstrong Yes Virginia, if the strong performance of most major equity markets around the world is any indication, 2018 will not be just a happy New ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... whether it's transitory or more persistent, providing justification for the Fed's baby steps towards normalisation. Yes Virginia, we've heard and read all these before. But it could not be denied that Madam Yellen will be leaving the US economy in much ...

The price is not right

BENJAMIN ONG  |  THURSDAY, 23 NOV 2017
... neck out (not to be chopped in time for Thanksgiving, crossed fingers) anticipating stronger US growth momentum. Yes Virginia, I intentionally kept away from talking about inflation for like the Fed, I, too, am in a daze. For "Toto, I have a feeling ...