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Showing 1 - 10 of 51 results for "Duh"

Chief economist update: How do you solve a problem like Australia's housing?

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2021
... series. The mean price of residential dwellings in Australia was $779,000 up from $739,900 in the December quarter 2020". Duh! ABS head of price statistics Michelle Marquardt said: "The total value of residential dwellings in Australia surpassed $8 trillion ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... unincorporated business income related to the housing industry and measures of the activity involved in buying and selling homes." Duh! I've ranted many, many times on this space about the large multiplier effect of the housing sector on the general ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... the then developing subprime crisis would be contained. We all know and lived what happened 10 years ago. Data dependence ? Duh! Taking account of a wide range of information? Double duh!

Chief economist update: Buy the dip or sell the rallies?

BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
... Brussels and China and the US mid-term elections and oil makes the analysis of "why are stocks lower?" appear high-brow but duh, all these were already known knowns last week - when US equities rebounded - and the week before - when US equities rebounded. ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
... interest rates... I'm just saying this, I'm very unhappy with the Fed because Obama had zero interest rates." Well, duh! The US economy was relatively weaker during Obama's term compared to the one growing above potential (although this is ...

Bremorsing and Bregretting Brexit

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
... because I thought we were just going to Remain, and the David Cameron resignation has blown me away to be honest." To him I say, Duh! No, make it a double duh! But even a double serving is kinder than the article published by 'The New Yorker'. The headline ...

A December lift if...

BENJAMIN ONG  |  THURSDAY, 5 NOV 2015
... Financial Services Committee last night that suggest a December lift-off remains on the table. It's a "live possibility". Duh! Of course it is as it was in June and September... IF data meets the Fed's expectations and the butcher, the baker and the ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
... realised that the ECB and the PBOC's early Christmas gift-giving underlined the growing risks to the global growth outlook. Duh! Did anybody think for even a millisecond that the ECB and the PBOC did what they did out of the goodness of their heart? ...

Too much ado about a speck

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2015
... stimulus is a stimulus is a stimulus. Now the narrative has changed - China's action is "currency war" and currency intervention. Duh! What did they think the Fed's aim was when it was QE-ing?...and the ECB?...and the BOJ? Not one's accusing them of ...
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