Search ResultsShowing 1 - 10 of 24 results for "POTUS"
Chief economist update: Plenty of oil
BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... exporter earlier this year, according to the International Energy Agency (IEA). The US could release more oil into the market. POTUS tweeted so: "I have authorised the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined ...
Chief economist update: Trump should read Frank
BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... policy" Powell spoke of in his Jackson Hole speech has just become certain - certain to escalate further that is. Unless POTUS reverses his "take no prisoners" policy on trade (and even his own central bank), fasten your seatbelts and hang on to your ...
Chief economist update: Don't buy a Big Mac in America
BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... Economist 's latest estimates of currency over/undervaluation versus the US dollar - based on its Big Mac index - show that POTUS has reason to cry foul. "The Big Mac index is based on the theory of purchasing-power parity (PPP), which states that ...
Chief economist update: Currency manipulators beware
BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... for many years!" - 7:21 am - 3 Jul 2019 This is the latest tweet from @realDonaldTrump aka US President Donald J. Trump. POTUS is really upping up the ante in his war with the rest of the world in his quest to make "America Great Again" and perhaps ...
Chief economist update: Cash is King
BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... war on trade. Conspiracy theorists would imagine this was a deliberate ploy to prove Trump's criticism of Powell and POTUS' demand for lower interest rate had been correct all along. But given the hand we've been dealt, play we have to. The ...
Chief economist update: BOE going the wrong way?
BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... relief after Trump's tweet "indefinitely" suspending his tariff threat against America's southern neighbour. But POTUS being Trump, he's exploited this "win" to issue fresh tariff threats versus Beijing (and indirectly to all other countries ...
Chief economist update: The tweet that reignited the trade war
BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... Trump proved to the entire planet that the only thing predictable about him is his unpredictability. With just two tweets, POTUS reignited hostilities (and perhaps an escalation) of the US-China trade war, spooking financial markets which - since the ...
Chief economist update: BOJ decision announced and ignored
BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... wasn't aware of this, but it appears that Donald J. Trump had been letting his fingers do the talking even before he became POTUS. The "Daily Mail" re-printed the tweet he made back on 30 December 2013: ""No one remembers who came in second" - Walter ...
Chief economist update: Trump trumps Fed
BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
... 25 in New York); the S&P 500 increased 0.8% and the Nasdaq jumped 1.3%. Trump did it! Wall Street's gains came after POTUS announced that he has reached a deal with the US Congress to end the record 35 days of partial government shutdown despite ...
Chief economist update: Laissez faire
BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2018
Forget John Maynard Keynes. Forget David Ricardo. A new economic sheriff is in town and his name is Donald J. Trump. POTUS has gone against Keynes' counter-cyclical prescription by increasing fiscal spending - tax cuts and increased expenditure ...
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