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Showing 61 - 70 of 458 results for %22Yes Virginia%22

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
... Bank of Australia (RBA) not moving on interest rates when its board meets on Melbourne Cup Day, Tuesday 7 November. Yes Virginia, I know, it's like saying that sugar is sweet and made even sweeter (well depending on one's viewpoint, certainly not the ...

Beige Book report delivers known knowns

BENJAMIN ONG  |  THURSDAY, 19 OCT 2017
... overall summary of the 12 district reports is prepared by a designated Federal Reserve Bank on a rotating basis." Yes Virginia, the Beige Book summarises the state of play in each of the 12 Federal Reserve districts. And if I may add, it's released approximately ...

Profit margin squeeze

BENJAMIN ONG  |  THURSDAY, 5 OCT 2017
... consumers due to a mix of increased household electricity costs, flat income growth, and relatively poor consumer confidence." Yes, Virginia, we're back to the problem that is Australian consumers. Apart from record high household debt to disposable ...

Expansion everywhere

BENJAMIN ONG  |  TUESDAY, 3 OCT 2017
... manufacturing PMI survey releases showing that the world's biggest economies are all - not some - "floating" above 50. Yes Virginia, one and all are tracking above the 50-point line that delineates expansion from contraction. In the US, Markit's final ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
... well as financial conditions, with a view to maintaining the momentum toward achieving the price stability target." Yes Virginia, it's steady as she goes into abnormality "until the year-on-year rate of increase in the observed CPI (all items less fresh ...

Trump and Kim go ballistic

BENJAMIN ONG  |  FRIDAY, 11 AUG 2017
I'll see your "fire and fury" and raise you Guam. Yes Virginia, that's Trump and Kim going ballistic once again as they play high stakes ICBM poker. Who will be the first to blink and fold? From what we already know of each players' character and temperament ...

Wages separate businesses from consumers

BENJAMIN ONG  |  THURSDAY, 10 AUG 2017
... growth in wages; increases in key costs such as electricity and emerging concerns about rising interest rates..." Yes Virginia, we're back to wages. The same one the RBA notes as the "largest component of business costs" and which helps explain rising ...

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... elevated inflation - but we still have to come up with a nomenclature for the current growth/inflation dynamics around the globe. Yes, Virginia, the present dynamics where growth momentum is strengthening but inflation remains a no-show and one that ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
A Budget here, and a Budget there, Budget, Budget, everywhere a Budget. Yes Virginia, it's Budget overload, there's wall to wall coverage of the Australian Federal government's 2017/18 Budget - before, during and after - its big reveal on the evening ...

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
... economy encountered significant adverse shocks that required a reduction in the target range for the federal funds rate." Yes, Virginia, it'll be back to the good news is good news and bad news is good news all over again (if it becomes necessary). The ...