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Showing 1 - 10 of 11 results for "Factset data"

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
... tensions - US versus China, Russia and Iran. It's also no secret that the S&P 500's valuation are stretched. Factset data shows it's now trading at a P/E (price-to-earnings) ratio of 22.6. This is way beyond its five-year (18.1 time earnings) ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... the low recorded in April of this year and is the best reading in more than a decade (117 in October 2010 based on FactSet data). Business confidence is also on the rise. The NAB business confidence index jumped nine percentage points to a reading of ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... to do more as well. We may need all shoulders to the wheel." Sure, there's no better time to borrow. Based on Factset data, Australia can issue 30-year government bonds at just 1.75% -- accounting for inflation, that's practically free money. ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
... only weeding out the semi-believers but it's also reduced the level of overvaluation in the US equity market. Factset data shows that the S&P 500's forward P/E ratio has fallen to 17.6 times earnings from a record high of 19.1 times and closer ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... to 6.3% in the year to March from 6.1% in the previous month - a sharp improvement from the record low (based on Factset data going back to 1998) of 5.3% recorded in August last year. For sure, these positive developments resulted from economic stimuli ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... Policy Statement: "The decline in GDP growth over the past year suggests momentum in the economy may have eased." Factset data shows that New Zealand's annual GDP growth rate has slowed from 4.8% in the March 2016 quarter to just 2.9%% in the same ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
... wouldn't try to comment on appropriate valuations, and those ratios ought to depend on long-term interest rates." Factset data shows that the S&P 500 is currently trading at a forward P/E of 17.7 times earnings - above its five-year (13.7x), 10-year ...

Good oil, bad oil

BENJAMIN ONG  |  FRIDAY, 23 JUN 2017
... putting a question mark over the Fed's argument that the recent deceleration in the rate of inflation is "transitory". Factset data shows US headline inflation peaked at around 2.1% in 2014 with global inflation averaging just a little below 4.0% (when ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
... April - was indeed an aberration caused by Cyclone Debbie that should correct in the coming months. According to Factset data, iron ore prices have fallen by 31.2% this year to date while that of coking coal is down 37.1%. Not only this, we learned from ...

Australia's confidence recession

BENJAMIN ONG  |  THURSDAY, 4 DEC 2014
It's official... Australia is in an income recession. Happy now, Jan? It may not be the generally-accepted definition of recession -- two consecutive quarters of contraction in output growth - but it'll do as long as we get the "R" word tag in the economy ...
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