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Showing 1 - 10 of 16 results for "Wall Streeters"

Un-Keynesian

BENJAMIN ONG  |  TUESDAY, 5 DEC 2017
... paving the way for the corporate tax rate to be lowered to 20% from the current 35%. Ole! Ole! Ole! Good news for Wall Streeters. Factset reports: "Deutsche Bank noted that even with the recent rally, only about a third of the benefit of tax reform has ...

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
... Syria and nuclear missile testing in North Korea - and doubts over Trump-flation. This came as no surprise for Wall Streeters saw the latest updates on the US economy... and they were good. While both the Markit and ISM surveys of the US non-manufacturing ...

May Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2015
... spending because the labour market is strengthening which puts upward pressure on compensation costs. But alas! Wall Streeters still didn't like it. The S&P 500 index dropped by 1.0% last night despite the "good" data releases. Porque? Because it's bad ...

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
... data release and provides a reliable leading metric with regards to the outlook for the US economy. Then again, Wall Streeters could have been spared last night's case of the bouncy bouncies had they kept in mind that a reading above 50 indicates - which ...

So bad it's good

BENJAMIN ONG  |  FRIDAY, 30 MAY 2014
... the heebie jeebies. It's even worse than the lowest guess for a 0.8% contraction. It's badder than bad and yet Wall Streeters returned, and went a-shopping for big stocks, small stocks and tech stocks. This time, however, I agree with the meisters (or ...

In with the old, out with the new

BENJAMIN ONG  |  THURSDAY, 29 MAY 2014
... asking "what the fudge?" Just one day before, the financial media was abuzzed with rationales upon rationales why Wall Streeters are happy... or should be happy. I even counted the ways on this space yesterday: "Small caps - Russell 2000 up by 1.4% overnight ...

The name is bonds

BENJAMIN ONG  |  WEDNESDAY, 28 MAY 2014
The Memorial Day holiday in the US must have put Wall Streeters in a good mood - they came back a-shopping and sent the S&P 500 index up to a fresh record high. As the Bellamy Brothers sang, "There's a reason for the sunshine sky there's a reason why ...

Janet puts it

BENJAMIN ONG  |  THURSDAY, 8 MAY 2014
... Russia - Putin's blinked (or is it blunk?) - and is reportedly pulling his troops out of the Ukrainian border but Wall Streeters' already knew that before the opening bell. The S&P 500 index's strong open quickly gave way to weakness - falling by as ...

The music's still playing

BENJAMIN ONG  |  WEDNESDAY, 30 APR 2014
Who me? Worry, because... May is nigh? Looking at last night's trading action on Wall Street, Wall Streeters appear to be fear missing out (on more gains) more than they do that of the prospect of the "sell in May" crowd, going away in May. Just look ...

Excuses, excuses

BENJAMIN ONG  |  MONDAY, 10 FEB 2014
Have Wall Streeters' gone loco? This immediately came to mind when I saw Wall Street's reaction to the disappointing US jobs report for, more often than not, disappointment does not get a rise out of Wall Street. Perhaps it was a not an often day for ...
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