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Showing 81 - 90 of 458 results for %22Yes Virginia%22

Minutes to disaster

MARK SMITH  |  MONDAY, 23 MAY 2016
Here we go again folks! It's back on again. Yes Virginia, not unless you've spent all of last week touring Mars would you not notice that the US Federal Reserve had been busily preparing planet earth for another lift... as soon as next month and by ...

No more tears?

BENJAMIN ONG  |  MONDAY, 18 APR 2016
... but exactly two weeks after, the sun is shining, the sky is blue and everything's looking wonderful for me and you. Yes Virginia, financial markets - or more accurately, risk assets -- have gone up, up and away in the week ended 15 April -- the very ...

Janet's words stronger than BOJ and ECB bazookas

BENJAMIN ONG  |  MONDAY, 4 APR 2016
... index. The index jumped to a reading of 51.8 in March after spending five months in contraction territory (below 50). Yes Virginia, thanks to a cheaper US dollar, the manufacturing sector has recovered and if the seven point jump in new orders to 58.3 ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
... stupid (or what markets presumed stupid), "...we don't anticipate that it will be necessary to reduce further rates." Yes Virginia, this single phrase brought things undone. The equity markets retreated with the Stoxx 50 index closing 1.5% lower from ...

A negative sum game

BENJAMIN ONG  |  MONDAY, 22 FEB 2016
... growth and inflation. Perhaps then they could stop blaming the "global economy" and end their race to the bottom. Yes Virginia, this is the prevailing theme in most central banks' statements in late - their economies are doing fine, but the "global economy" ...

More negatives

BENJAMIN ONG  |  TUESDAY, 16 FEB 2016
... real GDP contracted by a larger-than-expected annualised rate of 1.4% in the December quarter gave it rocket power. Yes Virginia, we all know why... that all too familiar, it's gotten so bad that more money is coming. "Quantitative easing; zero interest ...

Belabouring the labour market stats

BENJAMIN ONG  |  FRIDAY, 11 DEC 2015
"Tell them they're dreaming!" Perhaps Virginia, for despite headlines upon headlines of woeful below trend growth in the Australian economy, the slowness of the non-mining sector to fill up the big hole left by mining and job cut announcements... here ...

Chill

BENJAMIN ONG  |  THURSDAY, 26 NOV 2015
... the month with additions recorded in both full-time and part time jobs. Also, monthly hours worked rose by 1.2% last month. Yes, yes, I hear you... one swallow does not a spring make. This could all reverse at the next "Labour Force" publication. This ...

Road of no return

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2015
... interpreted as signaling lack of confidence in the strength of the U.S. economy or erode the Committee's credibility". Yes Virginia, lifting off in December would signal the Fed's confidence on the sustainability of growth in the US economy and could ...

Pepared for "lift-off" watch out for "ceasing"

BENJAMIN ONG  |  FRIDAY, 20 NOV 2015
... Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions." Yes Virginia, the Fed has ended QE and it is about to lift the fed funds rate but it's balance sheet, while expanding no more ...