Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 9 of 9 results for "Geelong Football Club"

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... for bankruptcy on 15 September 2008, setting off a chain of events that changed the meaning of GFC from Geelong Football Club to Global Financial Crisis. Maybe, this time is different. Then again maybe not. The "Economic Letter" published last night ...

MYEFO: Surplus of promises

BENJAMIN ONG  |  TUESDAY, 20 DEC 2016
... collateralised debt obligations (CDOs) backed by subprime mortgages back in the days when the GFC only stood for the Geelong Football Club.

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
... level the VIX was trading at between 2005 up to early 2007 - the time when people only know the GFC as the Geelong Football Club and not the Global Financial Crisis; the time when you, I and Irene (and even governments and central banks) thought that ...

Beggar me not my neighbour

BENJAMIN ONG  |  FRIDAY, 18 JAN 2013
... about Wall Street making another run for the all-time high it reached back before the GFC stood for the Geelong Football Club and not the Global Financial Crisis. The S&P 500 index closed at 1,482.42 points overnight - 82.73 points (or 5.29%) shy of ...

The rally that no one's enjoyed

BENJAMIN ONG  |  MONDAY, 20 AUG 2012
... standing above the summit it reached back in 2007 (the time we, Australians, thought of the GFC to mean Geelong Football Club). At the close of last week's trading, the S&P 500 stood just 9.4% away from it 9 October 2007 peak and the Dow's only 6.3% ...

When optimism rains, it pours

BENJAMIN ONG  |  THURSDAY, 15 MAR 2012
... level is the lowest since June 2007. Get that? This was the level before the letters G-F-C stood for the Geelong Football Club. And why the heck would it not? Although the ECB admits that the Eurozone would experience a technical recession it would only ...

The other Greece

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2011
... mortgaged-backed securities and other structured investments back in the days -- when the GFC stood for Geelong Football Club and not the Global Financial Crisis - encouraged investors to go on a buying spree. And while we're at it, Standard & Poor's ...

Weight in gold

BENJAMIN ONG  |  TUESDAY, 10 NOV 2009
... perfectly underscored what I've been trying to convey in my columns since the GFC no longer stood for the Geelong Football Club but the Global Financial Crisis. And this is that Wall Street - and by extension, most other equity markets around the world ...

Beggar thy neighbour

BENJAMIN ONG  |  MONDAY, 23 MAR 2009
... to revalue its currency even before GFC became known to stand for the Global Financial Crisis and not the Geelong Football Club as most Australians know. Western nations protested the way China was flooding the world with its cheap exports. But now ...
PAGE:
1