Search ResultsShowing 1 - 10 of 100+ results for "Trump"
Wall Street surges as Sanders drops out, Wuhan reopens
ALLY SELBY  |  THURSDAY, 9 APR 2020
... Bernie Sanders drops out of the Democratic nominee race, leaving a hopeful Joe Biden to face off with US President Donald Trump for the 2020 presidential election later in the year. While on the other side of the world the Chinese government ended its ...
US faces deepest recession on record
ALLY SELBY  |  FRIDAY, 3 APR 2020
... re-boot the economy once the virus is contained," the US Labor Department said. It comes a week after US President Donald Trump signed a US$2 trillion stimulus package, the largest in the country's history. At the time, House Speaker Nancy Pelosi told ...
Chief economist update: Oil gush
BENJAMIN ONG  |  FRIDAY, 3 APR 2020
If financial markets are going to time the beginning of the end - that is, when equity markets started their slippery slide into where we are now, it'll be 9 March 2020. That was the day the music died. Sure, equity markets were already sliding ...
Will COVID-19 infect mortgages and RMBS?
ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... fundamentals, to suddenly and sharply decline in value." Barrack - who reportedly has a close relationship with US President Donald Trump - warned that banks, publicly-traded mortgage REITs and other non-bank lenders could find themselves in a precarious ...
World rolls out stimulus
ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
... billion for direct cheques to the American people. Following the Federal Reserve unleashing quantitative easing measures, Trump called on Congress to approve his stimulus package as quickly as possible. Over in the UK, Prime Minister Boris Johnson announced ...
Wall Street tumbles, ASX holds ground
ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... cut in interest rates , stricter quarantine enforcements around the globe and a change of tone from US President Donald Trump all triggering one of the worst days on Wall Street since 1987. While some investors appear to be optimistic that the policy ...
Chief economist update: Coronavirus cures climate change
BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...
Chief economist update: The corona crash of 2020
BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
"Danger, Will Robinson!" Danger! Danger! Pick a stock market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia. Yes Virginia, the bears came out of hibernation in full force. There was no place ...
Trump slams Fed in Twitter tirade
ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...
Chief economist update: The crash we have to have
BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...
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