Search ResultsShowing 1 - 10 of 100+ results for "Wall Street"
Chief economist update: Equity markets struck by coronavirus
BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
"I've got chills, They're multiplying..." Wall Street is down ... with the coronavirus flu! The Dow declined by 0.5%, the S&P 500 by 0.3%, the Nasdaq by 0.02%, and the Russell 2000 by 0.8 after the US Center for Disease Control and Prevention ...
Goldman Sachs realigns reporting structure
ALLY SELBY  |  WEDNESDAY, 8 JAN 2020
... announced new reporting structures for its financial results, in a move that will align the bank closer with its Wall Street peers. The changes come just a week short of the bank's fourth-quarter earnings, as well as the bank's first investor day later ...
Chief economist update: War is over
BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... world a trade peace could bring. We're all aware about the Fed's optimism over the US economy, backed up by Wall Street's recent rally to new all-time highs. The de-escalation of trade tensions - starting with the phase one deal - should ...
Chief economist update: The Grinch steals Christmas
BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... genius on his latest call on the Fed to "Lower Rates & Loosen". The escalation of trade tensions is already sending Wall Street on a tailspin, and just like December last year's rout on Wall Street prompted the Fed to pivot - from a pause to an easing ...
Chief economist update: US consumer power
BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... continues to drive the markets' daily ups and downs. But behind these day-to-day swings is the rise and rise on Wall Street - to new record highs. To be sure, the third quarter reporting season was nothing to write home to mother about. According ...
Chief economist update: Good news is good news
BENJAMIN ONG  |  MONDAY, 4 NOV 2019
It's beginning to look a lot like Christmas has come early ... and Thanksgiving too. Wall Street benchmark equity indices rallied at the close of trading last week: The S&P 500 added 1.0% to a new all-time high; the Nasdaq closed 1.1% up but not ...
Volcker Rule tweak gets green light
KANIKA SOOD  |  THURSDAY, 10 OCT 2019
Post-GFC legislation that stopped big Wall Street banks from using their customers' money to invest in risky trades has seen a revision that could relax some of the restrictions. On October 8, five United Stated agencies approved the changes to the ...
Chief economist update: Bad news is good news is back
BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6%, Russell 2000 down by 0.9% -- on October 2 on the ...
Chief economist update: Fed has Trump's trade war number
BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... Fed research puts numbers in Financial Standard 's claim that it's Trump's tariff war, stupid and the Wall Street Journal 's piece, Cut the Trump Uncertainty Tax ... His best stimulus policy would be to end his tariff campaign .
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 ...
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