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Showing 1 - 10 of 34 results for "Uncle Ben"

Trick or treat?

BENJAMIN ONG  |  FRIDAY, 1 NOV 2013
... 18-19 FOMC meeting. "I started a joke, which started the whole world crying..." (Bee Gees). And sure enough, though Uncle Ben's June statement was hedged: "We would expect to slow/moderate later this year and through early part of next year, it would ...

Clear as crystal

BENJAMIN ONG  |  THURSDAY, 18 JUL 2013
... I've been telling you he's been telling us since he testified before the Joint Economics Committee on 22 May, good ol' Uncle Ben left nothing to various interpretations this time. Do you still remember that day Virginia? 'Twas on that day that Fed taper ...

Improving picture paints a taper

BENJAMIN ONG  |  MONDAY, 8 JUL 2013
... in a week that, on balance, gave you, I and Irene a picture of continued positive momentum in the US economy. Didn't Uncle Ben tell us to watch the data? The better they are, the closer we get to taper. By the by, I've read somewhere that money's for ...

The great unwind

BENJAMIN ONG  |  FRIDAY, 21 JUN 2013
... reference, George W appointed him as Fed Chairman on 1 Feb 2006 and is reportedly exiting early next year). To be fair to Uncle Ben, he did say that it'll be "appropriate to moderate the monthly pace of purchases later this year" only IF the Fed's optimistic ...

Still in Goldilocks land

BENJAMIN ONG  |  MONDAY, 17 JUN 2013
... taper/unwind/scale back/reduce policy stimulus. On Wednesday, all will be revealed. I hope, wish and pray that, this time, uncle Ben ditch the Fedspeak so as not to leave anything to the vivid imaginations of bloggerattis and financial 'experts' alike. ...

Sinking emerging markets

BENJAMIN ONG  |  TUESDAY, 11 JUN 2013
... rallied following the release of the US non-farm payrolls report for May, it hasn't settled anything about whether dear Uncle Ben would taper or not. There was something for everyone. Stimulus tapering is coming soon because jobs increased by 175,000 ...

It'll be on 18 September

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2013
... consensus that the Fed would start taking back a few billion dollars by September. September got prominence the day dear Uncle Ben testified before the Joint Economics Committee last month when its head and Texas Republican Kevin Brady asked, "So, are ...

More flip flopping ahead for Wall Street

BENJAMIN ONG  |  MONDAY, 3 JUN 2013
... ultimately withdrawal of policy stimulation? Or should they hope for the continued weak, sub-par growth variety to keep Uncle Ben pumping those fresh mints? It's a no brainer when the question is put this way, is it not? You, I and Irene know exactly ...

Li gets what Li likes

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2013
... years. You got that Stuart? We've got a leap and a bound in the US economy. Doesn't this imply that QE tapering is nigh? Uncle Ben said so. Or did he? That's the $85 billion question isn't it? In the words of "the Maestro" Alan Greenspan, "Since becoming ...

Will stocks follow Fed exit to the exits?

BENJAMIN ONG  |  TUESDAY, 14 MAY 2013
... strengthens". Then again, I might be wrong. Guess we'll just have to find out straight from the horse's mouth when dear Uncle Ben speaks this coming Saturday. Still, it doesn't follow that because the Fed is headed for the exits, stock markets will necessarily ...
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