Search ResultsShowing 1 - 10 of 33 results for "Houston"
Chief economist update: Trump should read Frank
BENJAMIN ONG  |  MONDAY, 26 AUG 2019
Houston, we have a problem - a gigantic one! Talk about spoiling everybody's weekend. Wall Street fell sharply at the close of last week's trading. Was it due to disappointment over US Fed chair Jerome Powell's much-anticipated words at ...
Chief economist update: Finding neutral
BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... - add 2% target inflation and voila, we get the 3% neutral rate. But what if it's lower or higher than 3%? Then, Houston, we have a problem. Clarida and Powell's statements wouldn't mean nothing (yeah, I know double negative, but I've ...
Chief economist update: No sweat says BOC on Trump tariffs
BENJAMIN ONG  |  MONDAY, 23 JUL 2018
... expected before 2018 ends - or for that matter, the Fed's reaction to Trump's not so subtle remarks. Our problem, Houston, is what happens in America does not stay there. The Bank of Canada (BOC) can thank its lucky stars there's no Trump ...
Chief economist update: US inflation hits target
BENJAMIN ONG  |  MONDAY, 2 JUL 2018
Houston, we're on target. The US Income and Outlays account released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by ...
Chief economist update: RBA not cruising for a bruising
BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
... have started to fall - down 0.6% from a 2.6% increase in the December 2017 quarter. A few more quarters like this and Houston, we'll get a rate cut. However, Governor Lowe's recent statement at the central bankers' conference in Sintra, Portugal ...
Good oil, bad oil
BENJAMIN ONG  |  FRIDAY, 23 JUN 2017
Houston, do we have a problem? Oil has. It's back in a bear market - with the price of both the West Texas Intermediate (WTI) and Brent dropping by more than 20% from this year's highs. WTI oil edged up a little to US$42.73/barrel overnight after dropping ...
FICAP marks 10th anniversary with record fundraising
MICHELLE BALTAZAR  |  THURSDAY, 17 MAR 2016
... Hechter, NAB Invest: I need a Hero by Bonnie Tyler Lydia Tagliapietra, Macquarie: I Wanna dance with somebody by Whitney Houston Oliver Xing, Colonial First State: Don't Stop Believing by Journey David Natividad, Tria Partners: The Way you Make me Feel ...
Oxi Oxi Oxi
BENJAMIN ONG  |  MONDAY, 6 JUL 2015
... Then again, it might not but I wouldn't go daring Murphy's Law -- "anything that can wrong, will go wrong." And then 'Houston, we all have a problem' ... if the Euro collapses. Remember that the Euro is now a major reserve currency - though down from ...
Graccident averted (yet again)
BENJAMIN ONG  |  TUESDAY, 23 JUN 2015
Hoo-wow! Houston, we had lift-off. Yes Virginia, financial markets from New York to Rio and old London town lifted off while we slept. Equity markets jumped while bond yields dived. These, because on optimism that a Greco-troika deal would be hammered ...
Greece in crisis (again)
BENJAMIN ONG  |  TUESDAY, 16 JUN 2015
Sit down, buckle up and hang on. Houston, we don't have a problem ... we now have a crisis (yet again). More precisely, a replay of the Greek debt crisis. Just have a look at some of the headlines this morning: "Stocks all over the world are dropping ...
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