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Showing 81 - 90 of 1014 results for "US economy"

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... have to put the letters "W" and "R" in front of my last name (Ong) cause that's what my last prognosis for the US economy and the Fed's response is turning out to be. I've been among those pencilling in a recession when the US yield curve ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... snippet of what joy to the world a trade peace could bring. We're all aware about the Fed's optimism over the US economy, backed up by Wall Street's recent rally to new all-time highs. The de-escalation of trade tensions - starting with the ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... it remains above its long-term average of 3.7%. US personal consumption expenditure accounts for around 70% of the US economy. Not only do US consumers have jobs to back up their optimism and spending, they also feel richer. The S&P 500 index has risen ...

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... it remains above its long-term average of 3.7%. US personal consumption expenditure accounts for around 70% of the US economy. They have jobs, they feel richer - the S&P 500 index has risen by 24.1% this year to date; the S&P/Case-Shiller US National ...

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... a series of reductions, the Fed official concluded QE in October 2014, signalling the Fed's confidence that the US economy is strong enough to warrant the withdrawal of monetary policy support. This could be the underlying reason by Fed chair Jerome ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... and non-manufacturing sectors since the fourth quarter of 2018. However, this new additional evidence of a slowing US economy onwards to a recession prompted a rebound on Wall Street: Dow up 0.5%; S&P 500 up 0.8%; Nasdaq up 1.1%; and Russell 2000 up ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... just erode the fed's credibility and independence while at the same time, signalling a virtual admission that the US economy is, indeed, heading towards cactus avenue. Then again, you, I and Irene don't need any more signalling from the Fed. ...

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... is at near 49-year lows at 3.7% (July)... but it was also clocking multi-decade lows (4.4% December 2006) before the US economy receded. So much so, that the Federal Reserve Bank of Cleveland's article on the yield curve back in March 2007 stated ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... increase in the participation rate, itself a positive indication of the US labour market. Sure, it was great news for the US economy but... it also eased growing expectations the Fed would cut interest rates by 50 bps from the current 2.25%-2.5% as early ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
"China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games ...