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Showing 61 - 70 of 100+ results for "Factset"

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... export orders returned to expansionary territory." The last time I looked the goings-on in China in early March this year, FactSet said: "Budget deficit target raised to 2.8% from 2.6% last year with CNY2.0T [US$298 billion] in tax cuts announced, including ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
Could it be? Could it be that Dallas Fred President Robert Kaplan has been reading my daily rants? That would be too presumptuous of moi but Factset's report that "Dallas Fed President Kaplan (nonvoter) told the WSJ the recent yield-curve inversion ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... redemptions from $30B to $15B beginning in May, and will conclude its reduction of holdings at the end of Sep-19" (thanks Factset). After dropping by as much as 0.7% from the previous day's close, the S&P 500 index reversed direction and climbed ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... predicted to engage in some form of policy easing in the coming months. As for the People's Bank of China (PBOC), Factset reports: "At press conference to conclude NPC, Li reaffirmed capacity to use reserve requirements and interest rates to support ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... sooner had the ink dried on the statement, China announced more measures to stem its slowing economy. My compliments to Factset for this synopsis: "Budget deficit target raised to 2.8% from 2.6% last year with CNY2.0T [US$298 billion] in tax cuts announced ...

Chief economist update: Time to pig out on China shares?

BENJAMIN ONG  |  MONDAY, 4 MAR 2019
The "Year of the Pig" is turning out to be what it signifies - prosperity, good fortune and success. This is no truer than from the land the 12 animal signs of the lunar calendar zodiac originated - China. This is against consensus expectations that ...

Chief economist update: Nerves of steel

BENJAMIN ONG  |  FRIDAY, 22 FEB 2019
... with Australia - it's "banned imports of Australian coal and will cap overall coal imports for 2019 at 12M tonne" (Factset) - makes me lean in favour of Bill's call. Still, this remains a developing story. It could be that China's only flexing ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... previous month. At the same time, the unemployment rate has edged lower to 5% from 5.1% (taking this to two decimal points, Factset figures show the jobless rate down to 4.98% in December - the lowest rate since June 2011 (4.92%)). That's fine and ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... 25 to 40 year paper by ¥10B ($88.39 million) each, from its previous operations, to ¥190B and ¥80B, respectively" (Factset) on the 9th of the same month. I commented in this space at the time that "...the recent market reaction to taper speculations ...

Chief economist update: Does the Fed lift or cut interest rates just for the heck of it?

BENJAMIN ONG  |  THURSDAY, 13 DEC 2018
The British Parliament has put a full stop to months of speculation over PM Theresa May's leadership when she emerged victorious - 200 to 117 - over her own party's (the Conservative Party) no confidence motion lodged against her. The Party's ...