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Showing 1 - 10 of 13 results for "Business Insider"

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
... pandemic. The swine flu might have infected more countries and humans but the death rate was just 0.02% (according to Business Insider), much less than SARS (where around 10% of those infected died). Current fatality rate for coronavirus is 2.2%. Higher ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... gauge was clocked at 1.6% in the final quarter of last year while the weighted median stood at 1.3%. Nonetheless, Business Insider reports: "Market expectations for a February rate cut have decreased to only 10% after the inflation data, from around ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... and "ANZ abandons its call for RBA rate hikes next year as the property downturn becomes longer and larger" (Business Insider Australia) - both published in late 2018. With cheaper equity prices resulting from last year's 7.4% negative return from ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... Chairman Ben Bernanke was dismissive of the signals of trouble flashing right before his eyes. Quotes published by "Business Insider" prove this: Jan. 18, 2008 - (Two months before Fannie Mae and Freddie Mac collapsed and were nationalised) "They will ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... intensifies, Dow falls over 400 points" (Financial Times) "Stocks get crushed in one of their worst days since Brexit" (Business Insider) "Stocks Tumble, Bonds No Haven as Selloff Worsens: Markets Wrap" (Bloomberg) Yes Virginia, the US stock market had ...

Inflated attention on September US CPI inflation

BENJAMIN ONG  |  MONDAY, 16 OCT 2017
... September), the US central bank prints point forecasts for "PCE inflation" and "Core PCE inflation". An article by the "Business Insider" published in mid-2014 explains the history and reason for this: "The official switch from CPI to PCE occurred in ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... talked about leveraged long A$ positions for the sixth straight week to 9 May. By the 29th of the same month, 'Business Insider' printed that "positioning in currency turned net short for the first time since January this year." Four days later (2 June) ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... talked about leveraged long A$ positions for the 6th straight week to 9 May. By the 29th of the same month, 'Business Insider' printed that "Positioning in currency turned net short for the first time since January this year". The Australian Financial ...

Bad news day

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2015
... week) to pass a new budget for their fiscal year that starts on the 1st of next month. And it's real. As per Business Insider, "Stan Collender, who has worked on both the House and Senate Budget Committees, now estimates a three-in-four chance the government ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... lower than Estimate 3 for 2014-15. The final verdict is not so good as shown in the picture below (thank you 'Business Insider"): Yes, Estimate 3 is higher than Estimate 2 but do you see how far lower Estimate 3 is compared with history? Do you also ...
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