Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 80 results for "Magic"

QE3 - yes, no, maybe

BENJAMIN ONG  |  FRIDAY, 15 JUL 2011
... claims fell to 423,250 from 427,000 - it is heading in the right direction but still above the 400K that is regarded as the magic number that would reduce unemployment. Point for QE3. US retail sales inched up by 0.1% in June - better than expectations ...

Knights in shining armour

BENJAMIN ONG  |  THURSDAY, 14 JUL 2011
... be reached. And... and, Sir Ben is there to buy all those additional debts the US Treasury would be issuing and he has a magic weapon -- a printing press that doesn't run out of ink.

Roubini defects

BENJAMIN ONG  |  FRIDAY, 18 FEB 2011
... they've also missed the doubling in American share prices since March 2009. Follow the money. Yes, the Fed's QE is working its magic. The recovery is getting traction and it's raising optimism. So much so that tensions in the Persian Gulf - usually and ...

Fed & RBA on the ball

BENJAMIN ONG  |  THURSDAY, 18 NOV 2010
Phew! That was one hell of a ride wasn't it? Now that our collective heartbeats have calmed down to their resting pace, what now? Well let's see. As far as Ireland goes, it's going... to do something, that is. It's got the weight of Europe plus the ...

Lookin' good

BENJAMIN ONG  |  THURSDAY, 11 NOV 2010
Decisions, decisions. Wall Street closed higher overnight but why do I get a feeling that there's little conviction behind the move? You'll feel the same way too baby if like many investors these days you're looking at the market's performance since ...

The Cup, the RBA and the Fed

BENJAMIN ONG  |  MONDAY, 1 NOV 2010
... per cent and 2.3 per cent, respectively, during the quarter. The previous interest rate hikes appear to be working their magic on the economy's pricing dynamics. And don't you forget the Australian dollar's appreciation. It also helped by making the ...

Fees secondary to return: Qantas Super

RUTH LIEW  |  WEDNESDAY, 24 FEB 2010
... overseas. In October last year, Deloitte Actuaries and Consultants reported that super fund fees are below or just above the magic number of "below 1 per cent" industry-wide fees, long advocated by the former super minister Nick Sherry (now the Assistant ...

More room to slash super fees

MICHELLE BALTAZAR  |  TUESDAY, 29 SEP 2009
... versus defined contribution (DC) plans. The key finding is that many funds are, for the most part, below or just above the magic number of "below 1 per cent" industry-wide fees, long advocated by the former super minister Nick Sherry (now the Assistant ...

The day after tomorrow

BENJAMIN ONG  |  TUESDAY, 20 JAN 2009
Tomorrow is the inauguration of Mr. Barack Obama as the 44th President of the United States. What does the day after tomorrow hold? Long before this event, the media had already been speculating on what First Lady-elect Michelle Obama would be wearing ...

Lay-by age pension to plug savings gap

MICHELLE BALTAZAR  |  MONDAY, 1 DEC 2008
... progressively defer 'pension age' in line with demographic shift and overseas trends. "The age 65 should no longer be the magic number...specially at a time when 45 is the new 25 or that 85 is the new 65," she said. But this doesn't necessarily mean ...