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Search ResultsShowing 1 - 10 of 80 results for "Factset"
Chief economist update: A tale of two quarters
BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
"It was the best of times, it was the worst of times ... it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way..." -- 'A Tale of Two Cities' ...
Chief economist update: The power of money (and a cure)
BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... consider the game changer of 'em all is recent reports that the world is getting closer to a coronavirus cure. As Factset notes: "BBC reported that UK experts said the low-dose of steroid treatment cut the risk of death by a third for patients on ...
Chief economist update: The second wave
BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
Wall Street is down! Repeat, Wall Street is down! At the close of last night's trading activity all US benchmark equity indices closed sharply lower: Dow (6.9%), S&P 500 (5. 9%), Nasdaq (5.3%), Russell 2000 (7.6%). Financial market wire and web ...
Chief economist update: Eurozone contraction heads from mild to severe
BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... generation" (released on May 27), the European Commission (EC) "put forward its proposal for a major recovery plan". As per Factset: "The European Commission announced its proposal for a €750B recovery plan and a 2021-27 budget of €1.1T to ...
Chief economist update: Hong Kong is ours
BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... pronouncement and the Hong Kong dollar slipped by 1.5% versus the greenback. Not if the US can help it. According to Factset: "Tensions over Hong Kong escalated after US senators moved to introduce bill that sanctions Chinese party officials over the ...
Chief economist update: Eurozone good news to get worse before it gets better
BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... record low preliminary reading of 11.7, more than half the 26.4 recorded in the previous month. Not surprisingly, as Factset reveals: "Commentators highlighted that while many governments in Europe have announced strategies to gradually ease lockdowns ...
Chief economist update: Great Scott! Mighty Mo to the rescue
BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... will in turn provide tax relief, such as lifting land taxes, to landlords for waiving or reducing rents," according to Factset. Perhaps, even more depending on the progression or death of the coronavirus. Morrison may have thrown the budget surplus under ...
Chief economist update: Honey, COVID-19 got me sacked
BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... released overnight - but still "dwarf every other week in history ... back to 1967". Below is the updated chart from Factset: In as much as initial jobless claims provide a leading indicator of the unemployment rate, Federal Reserve Bank of St. Louis ...
Chief economist update: COVID-19 eating into jobs
BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... liquidity; $150B for state and local stimulus funds; $130B for hospitals; and expanded unemployment benefits," according to Factset . The news generated optimism in the markets but the overriding question is will this new-found hope repeat the short ...
Chief economist update: Lock us down Scotty!
BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... you, Virginia, and you'll see governments and central banks handing out cash like never before. The latest news from Factset is: "Fed announced flurry of measures to improve market liquidity. QE now open-ended after Fed has previously committed to ...
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