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Showing 1 - 4 of 4 results for "Lehman Bros collapse"

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... It lowered interest rates by 50 basis points to 1%-1.25% -- the first inter-meeting cut since 2008 (when Lehman Bros collapse) - because of the "evolving risks to economic activity" posed by the coronavirus. Wall Street's reaction to the Fed's ...

The Fed could get it wrong

BENJAMIN ONG  |  MONDAY, 23 NOV 2015
"If anything can go wrong, it will." - Murphy's Law No Virginia, I'm not feeling particularly glum and gloomy today just putting my shoe on the other put and wondering what if the Fed gets it wrong? The timing of the lift-off, that is. The financial ...

Let's talk about VIX baby

BENJAMIN ONG  |  MONDAY, 26 MAY 2014
Yeah baby, let's! Seen the CBOE VIX index lately? Yes, that one - the one financial markets look at the gauge the level of investors' fear. It was pegged at 11.36 at the close of last week's activity - the lowest since the ides (15th) of March 2013. ...

Serpentine fire

BENJAMIN ONG  |  MONDAY, 11 FEB 2013
... year of cooling down with more stability and calmness in the stock market". That year was 2008. The year Lehman Bros collapse. The year the S&P 500 index dove by 38.5% and the year that the median price of existing one-family homes in America dropped ...
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